Answer:
Personal Opportunity Cost - Spare non drive time sacrifised
Social Opportunity Cost - Fuel efficiency (high pollution), Road Traffic (Congestion issues).
Explanation:
Opportunity Cost is the cost of next best alternative, foregone while choosing an alternative. Bill can commute either by bus, or by self drive.
If Bill drives his car, opportunity cost for him is - the spare time sacrifised, that he could have used while car drive in some other activity (eg reading, listening music).
Opportunity Cost for society is - the fuel utilisation & road traffic management efficiency sacrifised, by using private instead of public transport. This leads to more pollution, more congestion on roads.
People didn't have to live in cities, people lived in cities because that is where everything was, automobiles made it easier for people to live outside of sides but still have access to everything the city offered.
It is important to have a balanced lifestyle to keep yourself mentally healthy , too much work can mentally damage you and physically for example anxiety or depression or exhaustion and stress. Having a balanced home/ work life gives you time to relax but also earn money to live comfortably
Everyone is treated the same no matter who they are or what they look like in any legal setting or place
Answer: Golden rule
Explanation:
The golden rule is one of the type of principle that helps in interacting with others and also explain about the different types of cultures and the religions.
In this type of law the one person can treat other person sometimes that they do not wanted to be treated in that particular way.
According to the given question, the golden rule is mainly used for interaction purpose with the other people in some consistent manner and it is also known as the golden law.
Therefore, Golden rule is the correct answer.