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The opportunity cost in this scenario is the three lost opportunities Harry experiences by deciding to go to his parents house. The term opportunity cost refers to <em>the loss of potential gain from other alternatives when one alternative is chosen. </em>The potential gain Harry may have lost by choosing to go to his parents for dinner instead could be <em>relaxation while fishing, His house painting being finished, and time spent with his friends at the birthday party. </em>These all can be considers lost opportunity due to choosing an alternate opportunity, that being dinner at his parents.
Answer:
Its leaders knew it could not win the war. The United States, the British Empire, and China had called for the unconditional surrender of the Japanese armed forces in the Potsdam Declaration (July 1945) but Japan didn't.
Answer:
B. There has been a dramatic increase in international trade.
Explanation:
Many developed countries often referred to as the 'new globalisers' have made tremendous progress in maintaining a good place in the world market for manufactured goods and services. The massive increase in manufacturing outsourcing has been an important determinant behind the rapid growth in many export industries of developing nations. Some important common characteristics of the economy of these nations include rapid labor productivity growth, significantly lower unit labor costs, high levels of capital investment, etc.
The Federalist paper is known to be a very popular paper. The order in which they appear are;
- The utility of the Union to your political prosperity.
- The insufficiency of the present confederation to preserve that Union.
- The necessity of a government at least equally energetic with the one proposed, to the attainment of this object.
- The conformity of the proposed Constitution to the true principles of republican government.
- Its analogy to your own state constitution.
- The additional security which its adoption will afford to the preservation of that species of government, to liberty, and to property.
The Federalist Number 1 paper is known to be focused the holding on of the proposed Constitution with the true principles of Republican government.
It is known to be an essay by Alexander Hamilton and it was named The Federalist Papers. It was published on October 27, 1787 and it is known to question and argues for the deficiency of the Articles of Confederation.
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