Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Answer:
D. given the right to vote.
Explanation:
WHO KNOWS BRO SORRY CANT HELP YOU, YEAH I KNOW I SHOULD NOT ANSWER FOR POINTS JUST TO GET POINTS BUT I HAVE TO AND GO AHEAD AND DELETE MY RESPONSE I ALREADY KNOW ITS GOING TO HAPPEN
LOVE
PEACE
AND HAPPYNESS
STAY SAFE
AND IM SORRY AGAIN
Answer:
Arguably the most influential thinker ever, Socrates was dedicated to reasoning. ... Over the centuries and even today a lot of decisions are made under emotional judgement rather than reasoning. We today can see the divisions in society and a lot of it can attributed to the breakdown in seeking the truth through logic.
Explanation:
Answer:
B. a decrease in the price of oil and an excessive amount of domestic oil
