Answer: B
Explanation:
Opportunity cost is a profit or benefit that must be given up on order to acquire something else. Every resource such as money, land, and time can be put to a different use, therefore every choice, action, or decision has an opportunity cost.
Opportunity cost is the value or worth of the next best thing that one gives give up whenever a decision is made. It is the loss of a potential gain from another alternatives when a different alternative is chosen.
When a city invests in repairing its road, the opportunity cost can be not able to afford a museum because the money that could have been used to build a museum has been used for the road.
Made bullets
The colonist tore down the statue, melted it, and made bullets for their muskets
Hope this helps!
Hi there!
The principle of SOCIAL CONFORMITY.
It showed that people tend to engage behaviours more likely in confirmation of the society at large.
The interesting question is when everybody is thinking about confirming then who decide what behavior to engage in, from the start? That is if we are supposed to DRINK in a Social gathering when all are drinking. Then who thought that Drinking is to be done by all, or who sets the social norm and how is the degree of strictness understood and enforced?
is it something we just think and that the norms doesn't actually exist?
Some food for thought!
hope it make sense!
Answer:
C. Beer and Marijuana are complementary goods
Explanation:
Since an increase in the price of beer is reducing the demand for marijuana this means that people were buying both at a time, now that the price of beer is higher they cannot afford both so are buying beer only. Therefore we can say that Beer and Marijuana are complementary goods.
If the increase in beer price led to an increase in Marijuana demand, then that would make them substitute goods since people are <u><em>substituting</em></u> one vice for another cheaper one.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
