Opportunity cost is the loss due to forgoing one opportunity to select another one alternative.
In this case, the forgone alternative is the full-time employment and other expenses for the term when the alternative chosen is to be in school. In this case, room and board expenses remain the same whether in school or working full time and thus not considered. The part-time amount earned while at school is subtracted as it would be compensated be during full time employment.
Therefore;
Opportunity cost = $20,000+$10,000+$1,000-$8,000 = $23,000
Answer:
The US is the largest economy in the world, but it only represents about 1/4 of the total. That means that the opportunities of earning higher profits and effectively using all their resources increases dramatically when you serve the whole world. E.g. Apple is the mot valuable firm in the world and about 60}% of its revenue comes from foreign markets. Something similar applies to most large corporations, that would be much smaller and less profitable is they only served the US market.
the type of capital she needs is the same amount of income.
Answer:
A. monetary compensation
Explanation:
The main remedy against tortious loss is compensation in damages or money. In a limited range of cases, tort law will tolerate self-help, such as reasonable force to expel a trespasser. This is a defense against the tort of battery.
Hope this helped!!!!
Answer:
The correct answer is B. indirect blindness.
Explanation:
Blindness is lack of vision. It can also refer to vision loss that cannot be corrected with conventional lenses or with contact lenses.
Partial blindness means that you have very limited vision.
Complete blindness means that you cannot see anything and DO NOT see the light. (Most people who use the term "blindness" mean complete blindness.)
People with less than 20/200 vision with glasses or contact lenses are considered legally blind in most states in the United States.
Vision loss refers to partial or complete loss of vision. Such loss of vision can happen suddenly or over time.
