Answer:
Opportunity cost is the cost of a foregone alternative. If you chose one alternative over another, then the cost of choosing that alternative is an opportunity cost. Opportunity cost is the benefits you lose by choosing one alternative over another one.
Hope it helps.
<span>The rule of law is needed to protect against tyranny.</span>
The answer to this question will be B
Answer:
Public goods are better than other goods.
Explanation:
A public good is a product that one person can consume but still it can be available for another person. Another one would not be deprived for the same. This makes public good non-rivalrous. For instance, public park is a public good. If person A is using it, B can also use it at the same time. Services like fire and police are also public goods and are available to all at the same time. Thus, public goods are mostly publicly financed and hence are better.
Private good like a piece of pizza can only be eaten only person 'A' at a given time. Person 'A' can exclude others from eating it unlike a public good.
Answer:
1. Equality of outcome
Explanation:
Equality of outcome is a strategy often used in an attempt to produce fairness where citizens are expected to achieve the same result or produce the same outcome taking all contributing factors such race, gender, or national background as the same for all citizens involved.
