With a Budget of $200 Million,the Government Can Choose to Purchase

question 38

Multiple Choice

With a budget of $200 million,the government can choose to purchase 4 helicopters or repair 200 km of highway. FIGURE 1-1
-Refer to Figure 1-1.For the government,the opportunity cost of one kilometre of highway repair is

• A)1 search and rescue helicopter.
• B)1/2 of a search and rescue helicopter.
• C)1/10 of a search and rescue helicopter.
• D)1/50 of a search and rescue helicopter.
• E)1/100 of a search and rescue helicopter.

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Definitions:

Full Siblings

Individuals who share both biological parents, having a full genetic overlap of 50% on average from each parent.

Genetics

The branch of biology that deals with the study of genes, genetic variation, and heredity in organisms.

Birth Order

The order in which a person is born into their family, which is theorized to influence their personality and behavior.

Contrast Effect

The enhancement or diminishment of perception or judgment by the presence of a comparatively stronger or weaker stimulus.