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Evgen [1.6K]
3 years ago
8

The next best alternative given up when individuals, businesses, and governments confront scarcity by making choices is known as

__________.
Social Studies
1 answer:
Dima020 [189]3 years ago
8 0

Answer:

Opportunity cost

Explanation:

According to my research on business terminology, I can say that based on the information provided within the question the term being defined is known as Opportunity cost. This term is defined as the loss of other alternatives when one alternative is chosen.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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All are true about the first settlers in North America EXCEPT a. They came from Asia. b. They arrived in North America via a lan
Tresset [83]

Answer:

c. They were mostly bands of small hunters.

Explanation:

The natives of America were the ingenious people of the Native America. They were the first settlers and were known as American Indians.

These people came from Asia and were the early explorers to the land. They reached North America through a land bridge. European colonization to the states began in 1492 when Christopher Columbus sailed and discovered the "New World".

Thus the option c).They were mostly bands of small hunters is false.

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3 years ago
Describe what an economist is and briefly explain the profession’s qualifications and role in government and private business.
saveliy_v [14]

Answer:

The government can not role in private bc he/she is public to everyone

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3 years ago
How does Jefferson show the colonies are not acting on impulse
kvv77 [185]
The colonies had tried writing to the king to tell him about the problems. When that didn't work they wrote the Declaration Of Independence.
4 0
3 years ago
2. What did Emile Durkheim mean by the term division of labor? How does your life differ from that of a rural population? Answer
katovenus [111]

Answer:

According to Marx, division of labour is imposed on workers so that the capitalists may benefit. Durkheim stresses cooperation, whilst Marx stresses exploitation and conflict

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3 years ago
Which action is most likely to be taken by local political party rather than state or national party
kondor19780726 [428]

Answer:

Endorsing a presidential candidate is more likely to be done by a national party than a local party.

Explanation:

This is because when it's local, it's usually in support of local elected officials. It has nothing to do with national officials. However, when it is a national party, they could endorse a presidential candidate because that is ultimately more important and affects all people- hence the national. This is because whoever is chosen in such an important election changes the future of a country, and is something national organizations should deal with- not local ones.

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