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kykrilka [37]
2 years ago
13

Opportunity cost is the least desirable alternative given up as a result of a decision.

Social Studies
1 answer:
erik [133]2 years ago
3 0
This is false!

Opportunity cost is the cost of giving up the benefits of the most desirable alternative, not of the least desirable alternative. So let's say, your parents offer you money for Birthday: 100$, 50$ or 30$.

You will probably choose to receive 100$ and your opportunity cost will be 50$.

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The most pressing economic issues facing South Africa are which of the following?
andrew-mc [135]

Answer:

1. Economic Reconstruction and Recovery.

2. Job creation.

3. Rural development.

4. Fighting crime.

5. Gender-based violence.

6. Land reform.

7. Anti-corruption.

8. Government and opportunities for youth.

Explanation:

5 0
2 years ago
The city of mecca and medina were vital to the foundation of what religion
olga nikolaevna [1]
They are vital as part of the ISLAMic foundation and housing the prophet muhammad

8 0
3 years ago
During history class, one of the students rolled a baseball on the floor toward the front of the classroom. Ms. Durango saw the
lorasvet [3.4K]

Answer: Representative Ness Heuristic

Explanation: Representative Heuristic is usually employed when the need to make relatively quick decision occurs and therefore relying on the most readily available mental information to guide our decision. The representative Heuristic relies on using a prototype or something very synonymous to the observation or decision to be made. In most cases, decisions of this sort are usually incorrect. In the scenario above, the representative Heuristic was employed as the teachers perception or guess was guided by the direction from which the ball rolled. The direction of the ball was used as prototype which influenced the teacher's decision to conclude it was the boy on the same row.

4 0
3 years ago
Choose three important ideas in the Declaration of Independence. Write them in the chart below. Then explain why do you think ea
Mandarinka [93]

Answer:

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7 0
2 years ago
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stich3 [128]
One main reason would be the distance between the two country's, this could be very expensive depending on how far apart the countries are apart. Another conflict is the country currency, for instance 1 dollar in america could only equal 50 cent in japan. in order to purchase things in another country america would have to convert their money into the country they are try to buy money. One exchange rate is known as the flexible exchanged rate, in this system the exchange rate is calculated by supply and demand, the exchange rate in this system reflect the market. The fluctuations in currency values are only based day to day and they can change the amount of imports and exports. The other exchange rate is fixed exchange rates, in this system the governments are consistent with keeping the currency values similar to other governments. This particular system make trading easier. The only problem found in this system is that it keeps a lot of pressure n the supply and demand which is the reason why currency why values change.
7 0
3 years ago
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