Canada Has Nationalized Health Care,so That Everyone,regardless of Their Ability

question 54

Multiple Choice

Canada has nationalized health care,so that everyone,regardless of their ability to pay,has some access to health care.Based on this observation,Canada has decided that "everyone,regardless of their ability to pay" is the answer to what microeconomic question?

• A) What type of health care will be produced and in what quantity?
• B) How will health care be produced?
• C) For whom will health care be produced?
• D) Why will we offer health care?
• E) Must we offer health care?

---

Definitions:

Production Possibilities Curves

A graphical representation that shows the maximum number of possible units a company can produce of two products within a set of inputs.

Specialize

Concentrating on and becoming expert in a particular subject or skill.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, enabling more efficient trade.