In economics, the cost of something is <u>c. what you give up to get it.</u>
<u>Explanation:</u>
Cost is the amount that is to be paid for the goods or services consumed by the individual. Economists define the cost as what you give up to get it.
Paying some amount to get something you want. The cost can be referred as the monetary value of efforts, utilities consumed, resources, materials, time and opportunity forgone in the production of a good or service.
Cost can be classified as fixed cost, variable cost, semi-variable cost and total cost.
Answer:
One of the major ways in which innovations in manufacturing led to improvements in transportation is that it allowed for the construction of the transcontinental railroad, which greatly increased the quality of life for most Americans.
Explanation:
The correct answer is D) Cecil Rhodes and other investors began to claim resources and take political control in Africa.Glad i could help
As Europeans moved beyond exploration and into colonization of the Americas, they brought changes to virtually every aspect of the land and its people, from trade and hunting to warfare and personal property. European goods, ideas, and diseases shaped the changing continent.
As Europeans established their colonies, their societies also became segmented and divided along religious and racial lines. Most people in these societies were not free; they labored as servants or slaves, doing the work required to produce wealth for others. By 1700, the American continent had become a place of stark contrasts between slavery and freedom, between the haves and the have-nots.