The correct option is: B.
The opportunity cost of providing 100 additional units of medical care would be 400 warheads.
<h3>What is opportunity cost?</h3>
According to microeconomic theory, an activity's opportunity cost is the value or advantage that would be lost if it were chosen over another that would provide a higher return on investment.
<h3>What is opportunity cost and example?</h3>
When economists speak of a resource's "opportunity cost," they are referring to the cost of the next-highest alternative usage of that resource.
For instance, if you spend time and money going to the movies, you are not allowed to read a book at home during that time or spend the money on anything else.
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I understand that the question you are looking for is:
Refer to the figure below. If this economy is currently producing at point C, then the opportunity cost of providing 100 additional units of medical care would be:
Select one:
a. 800 warheads.
b. 400 warheads.
c. 200 warheads.
d. 100 warheads.
Answer:
much <em>more </em>likely;
There is only one car dealership in a small town, giving the dealership the ability to influence the price of cars. - <em>Market power</em>
A person smoking in a restaurant emits second-hand smoke that harms other restaurant patrons. - <em>Externality</em>
Explanation:
<u>Property rights</u> are an incentive for individuals to create goods that are needed on the market. In other words, when a discrepancy between demand and supply occurs on a specific market, entities, businesses or individuals that create the goods are motivated to meet market needs through enforced property rights.
On the other hand, when there is a lack of property rights that regulate the market, <em>market failures</em> occur. Two common types of market failures include <em>market power</em> and <em>externalities</em>.
The car dealership example shows <u>market power</u> in practice, as the reigning company can dictate car prices.
The second example shows an externality, as there is evident influence (cost or benefit) on the third party, which they cannot change. People are affected (negatively) by smoke they did not create.
D. it already does. Diversity affects everything, sometimes in a bad way, but in most cases diversity is what keeps society moving.
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<span>A bear market is distinguished by a declining stock market and decreasing investor confidence. A bear market is when security prices fall and the stock market starts to take a downward turn. The market tries to become self-sustaining so investors start to sell off their stocks and securities. </span>
