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VashaNatasha [74]
3 years ago
7

Katie considers the alternatives that will be lost if she decides to spend her savings on buying a car. What is the economic ter

m for her thought process?
Social Studies
2 answers:
Mazyrski [523]3 years ago
6 0

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.

AleksAgata [21]3 years ago
3 0
The economic term that is associated with considering the alternatives that will be lost in a situation like this is "opportunity cost," since you're losing the opportunity to do something else.<span />
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The minority party in the House also elected leaders, the ________________ and the minority whip, whose jobs mirror those of the
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Answer:

The minority party in the House also elected leaders, the house minority leader and the minority whip, whose jobs mirror those of their majority-party colleagues but without the power that comes from holding a majority in the House.

Explanation:

The minority leader functions as the head of the opposition and is the minority equivalent to the Speaker. Even though minority and majority leaders share various primary responsibilities in the administration, minority leader represents a minority party and its standards and serves as a protector for its rights.

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People who believe the death penalty is unconstitutional are most likely to cite which amendment in the Bill of Rights to suppor
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The Amendment that people use to argue against the death penalty is the Eight Amendment (The first ten Amendments are part of the Bill of rights). This amendment prohibits "cruel or unusual punishment" and people argue that death is an example of such a cruel and unusual punishment.
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Who are the only people who may introduce a bill in the house of Representative?
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The <span>House of Representatives. Rate 5 stars please if this helped! :)</span>
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3 years ago
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One of the changes globalization has brought to remote and rural regions is migration. Often, men go to work in towns or cities,
Gnesinka [82]

Answer:

In the case of a man who goes to town to work and leave his family in the village, the main effect is the power changing, as the need to provide themselves through another way. And in the case of a total group migration, a whole new structure must be developed, sometimes from scratch, but especially that other family members would work too, also several other points.

Explanation:

Now, let's understand better.

In small villages, the traditional patriarchy is common. So, man has the power, and the rest of the family would obey. He is the provider, and all that comes with it. Well, when he decides to go out and look for a job in another town, the family structure must be reorganized. The mother now is the central power, and the children must help to support the family. The money sent by the father sometimes is not enough, so other members of the family must work or do something to complete the sum. Somehow, even with the power change, the family structure, and it's traditional duties maintain itself almost intact.

Now, when the entire familiar group decides to move to another town, depending on the town, if it's small or not, a whole new structure is necessary. Here, there's no patriarchy because it's not possible to a central power when both members of a family have to work. Yes, in this case, father and mother must to work because the wages, in several cases, are not enough, so they have to complete the sum and pay the debts. Children must go to school, creating a new reality for them. In some cases, one of the children must work too to help the parents (and to provide for himself/herself too). Moving to another town is a big reorganization.

6 0
3 years ago
Explain one or several methods that Benjamin Franklin thought a person could live a moral life and attain wealth. Write a minimu
pogonyaev

The correct answer to this open question is the following.

You forgot to include the text for reference. So we do not know what is the content of the text.

However, trying to help you, we can comment on the following general terms.

Some of the methods that Benjamin Franklin thought a person could live a moral life and attain wealth were the following.

One of the methods was to eat with moderation. He called Temperance. The same applied to drinking. Moderation is a keyword here. Another method was knowing what to say in the right place, at the right time, with the right group of people.

He then considered humility. He set the example of Jesus of Nazareth. Be like Jesus in your behavior, he said. Then, order, he invited people to have order in their lives. With order, you could have a better organization of your time. Frugality was another recommendation. To spend just what is necessary to live, and nothing in excess.

Resolution. It was also important to him. He recommended solving any aspect or issue in people's life. Never procrastinate. Act promptly to resolve any problem

7 0
3 years ago
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