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iogann1982 [59]
3 years ago
14

Globalization of the world’s people and places began about: question 1 options:

Social Studies
1 answer:
timofeeve [1]3 years ago
4 0

Throughout regional trade and migration, globilization established worldwide trade networks in the 1500's

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What is the opportunity cost for the Congo to produce diamonds?
Assoli18 [71]

The opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.

<h3>What are opportunity costs?</h3>

Opportunity costs are the benefits of an alternative decision when the decision maker rejects the alternative.

For instance, the opportunity cost of going to college is the earnings forgone.

The opportunity cost is computed as the lost benefit when an alternative decision is not pursued.

Fractionally, the opportunity cost of producing one product A) to another (B) = Units of B / Units of A.

<h3>Data and Calculations:</h3>

United States opportunity cost to produce diamonds = 60/10 = 6

United States opportunity cost to produce corns = 10/60 = 1/6

Congo's opportunity cost to produce diamonds = 20/5 = 4

Congo's opportunity cost to produce corn = 5/20 = 1/4

Thus, the opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.

Learn more about opportunity costs at brainly.com/question/481029

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1 year ago
Our mental ________ direct our thinking, our conversations, and our actions, all of which create your immediate circumstances.
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Our mental decisions direct our thinking, our conversations, and our actions, all of which create your immediate circumstances.

Explanation:

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2 years ago
Which of the following was one of the events that mobilized states behind reforming the articles of confederation?
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Among the reasons why the 1912 election is significant is that
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