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

How does the OMB serve the President?
(1)______ are the specific (2)______ of a general word (3)______ or classification.​
Calculate the total mass of 3 blocks of cheese each weighing 2.3 kg,4.75kg and 0.56kg respectively.​
The exterior angles of a pentagon are (m+5)°, (2m+3)°, (3m+2)°, (4m+1)° and (5m+4)° respectively. Find the measure of each angle. ​
If p=12 and q=24, evaluate the following expression:p+q/4​
The Silk Road affected the exchange of ideas in all of the following ways except (4 points) spreading Chinese technology to other areas spreading religious idea
Change into Affirmative or Negative We did not find the road I shall always remember Uma's affection She is the tallest girl in the family
Find X. Give your answer in the simplest form.
Solve 5x-y=5 and 2y-x^2=11 without using trial improvement
Which tribe revolted against the Romans due to harsh treatment