The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.
The Great Depression wreaked havoc with gender roles because men who lost their jobs often suffered a decline in status within the family.
Answer:
The answer is - Minimum necessary standard.
Explanation:
The HIPAA stands for Health Insurance Portability and Accountability Act which is a law that was designed to provide privacy standards in order to protect the medical records and health information of patients given to health care providers. One of the rules of the HIPAA requires that when a HIPAA covered entity requests for protected health information of a client then such entity must make efforts to ensure that the protected health information provided is limited to the minimum necessary standard in order to restrict inappropriate access to the disclosure of protected health information.
Answer and explanation:
The Navajo ceremony that contains the Yeibichai songs is called Nightway ceremony.
The purpose of the ceremony is is to cure a sick person by aligning that person with the healing forces of nature.
Some of the features of the ceremony are: songs, chants, dances, sand paintings, and purification practices. It is a complex ceremony that lasts nine nights. Masked dancers become deities while the sick person becomes the hero in a mythic retelling.
Answer:
Explanation:
Globalization allows companies to find lower-cost ways to produce their products. It also increases global competition, which drives prices down and creates a larger variety of choices for consumers. Lowered costs help people in both developing and already-developed countries live better on less money.
