When the Calgary City Manager Faces a Complaint That the City

question 152

Multiple Choice

When the Calgary city manager faces a complaint that the city council chamber podium is not accessible to individuals with disabilities,he responds that the $1 million improvement will not happen because "that money could be spent building 70 curb ramps." Which economic principle does this statement BEST represent?

• A) Markets move toward equilibrium.
• B) The true cost of something is its opportunity cost.
• C) "How much" is a decision at the margin.
• D) When markets don't achieve efficiency,government intervention can improve society's welfare.

---

Definitions:

Pathology Present

Indicates the existence of a disease or abnormal condition in a given specimen or patient.

Muscle Stiffness

A condition characterized by tightness in the muscles, potentially leading to discomfort or difficulty in moving.

Muscles

Tissue found in the body of animals and humans which has the ability to contract, enabling movement.

Pathology Present

Indicates that disease or abnormality was found through the study of cells, tissues, and organs.