1. In November of 2022, in Edmonton, Alberta, Canada, the Canadian federal and provincial governments announced approximately $475 million (CAD) in project funding for Air Products' multi-billion-dollar landmark net-zero hydrogen energy complex in Alberta. The facility will produce hydrogen for domestic use and for export in time to support Canadas 2030 target to reduce the countrys gas emissions. (Globe and Mail, November 2022). (10 Marks)

a. Identify the elements of scarcity, choice, and opportunity cost for Air Products now and in 2030. (6 Marks)

b. Discuss the effect on Air Products production possibilities curve (PPC) when they are in full production in 2030? Include a graph, if necessary. (2 Marks)

c. Discuss the ethical considerations for Air Products regarding the production possibilities of the hydrogen gas production. (2 Marks)