29201506 29201506
  • 01-03-2021
  • Social Studies
contestada

What happens when individuals or nations choose one thing over another

Respuesta :

901lysy2845
901lysy2845 901lysy2845
  • 01-03-2021

Answer: An opportunity cost is what economists call the thing sacrificed when we choose one thing over another. When we opt to buy a bicycle rather than the snowboard, the snowboard is the opportunity cost of our decision.

Explanation:

Answer Link

Otras preguntas

Which amount best reflects operating income? Enter your answer in millions without commas or dollar signs.
What is the image point of (-1, 1) after a translation left 2 units and down 2 units? Submit Answer attempt 1 out of 2
Assignment Examine the algebra tiles screen. Which equation is being modeled? 0-4x + 3 = 2x + 1 IL 3x + (-4) = x + 2 0 - 4x + 3 = x + 1 O 3x + 4 = x + 2
Which statement is true about the expression 12 minus 7 + 3? The expression is equivalent to 12 minus (7 + 3) because of the associative property. The expressio
Determine whether the following statement is true or false. The union of two sets is the sets of all elements that are comm
7 Goals of the legal system
help me please i need this for a grade please help if u help me iam get u 100 pointsSlavery was embedded into the Constitution through which compromise?A. The T
PLEASE HELP WITH PART 2! :)
why is sodium chloride soluble in water​
Read the sentence below.What synonym (a word that means the same) could you use for the underlined word A British naval frigate faced unique problems after it w