Answer:
The other items you could have purchased with your $50
Explanation:
Opportunity cost represent the loss of potential benefit that occurs when you choose an alternative decision. This concept is usually used by businesses during their budget allocation process in order to find out the best way how to spend their capital.
On the example above, You receive $50 as a birthday gift. That $50 can be used for anything. You can choose to use it to purchase games, clothing, foods, etc. But you decided to spent it on wallpaper. By purchasing the ability you lose the opportunity to buy any of those other things. This loss is what considered as opportunity cost.
The parliamentary system of government has the cabinet, composed of elected members of the legislature. Within the cabinet, members elect a prime minister, who serves as the head of government. It has two branches: legislative and executive.
The presidential system of government is when a president is chosen separately from the legislature. The president serves as the head of head of government and the chief of state. It has three branches of government: legislative, judicial and executive.
The federal Civil Defense Administration encouraged American to build Home or family Shelters
