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Natalka [10]
3 years ago
13

How does "cost" differ from "opportunity cost"?

Social Studies
1 answer:
Montano1993 [528]3 years ago
6 0
<span>Opportunity cost concept is very important to the view of costs of economists. It is defined as the worth or value of a forgone activity or alternative when another item is chosen. It is a relative cost of one alternative in terms of the next best alternative. It is a vital economic concept which finds application a wide range of business decisions. Decision –making is usually overlooked by opportunity cost. Opportunity costs should often subjectively estimated by decision-makers. </span>
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How can the<br> interaction of two cultures create<br> benefits for both groups?
34kurt

Answer:

The interaction of  two cultures can create benefits for both groups because it encourages diversity and difference. Each group can bring a different perspective on social issues, or they might each have a different way of viewing the world that can bring different qualities to society.

Explanation:

A multicultural society can increase cultural awareness and understanding between groups. This can foment more creativity and it can make society more dynamic. It is good to build tolerance of our differences and a sensitivity to what others experience. This can increase what anthropologists call empathy for other cultures; you learn to understand and respect another way of viewing the world. There is strength in diversity in the sense that each group can learn about the values of the other and broaden their perspective of the world. In the case of the United States, for example, there have been numerous waves of immigration from Southern Europe, Asia, and Latin America that have made many valuable contributions to help transform our society, especially in terms of economics and building small businesses up from their foundations, for example. Immigrants have contributed their talents, knowledge, and livelihoods to our ever more diverse society.

6 0
3 years ago
What would GOC have done to prepare Collins for his assignment in the U.S.? Outline an action plan for companies to use in prepa
muminat

GOC should have provided him insight into how the operations and decision making works in the American Headquarters. Along with setting up formal meetings with the Managers he would be working alongside, and built up the relationship(s) through appropriate outlets, not going out for informal after work catchups, especially before those solid foundations and professional boundaries are setup. Collins should have been advised to discuss directly with those Managers to distribute information on new approaches to their teams.

5 0
3 years ago
Larry suggests that Bill cluck like a chicken during the hypnosis not because he is experiencing an altered state of consciousne
VMariaS [17]

Answer:

Hypnotic meditation

Explanation:

Hypnosis is a phenomenon of cooperation in which the respondent answer professionally. In this phenomenon, the person will enter into a trance-like state where a hypnotist asked questions and the respondent answers them. Meditation is a little bit different from hypnotism. In meditation, you can do your own or it can be guided by some other person's instructions. You feel relaxed after mediation. There are differences between guided meditation and hypnotism.  

Thus Larry suggests that Bill Cluck likes the chicken when hypnotized. He is also playing the role of hypnotized. This is the best example of hypnotic meditation.

6 0
3 years ago
Years after he barely survived an attack that killed his wife and two children, Mr. Pukari suffers recurring flashbacks and freq
noname [10]

Answer:    Post-traumatic stress disorder

Explanation:

Post-traumatic stress disorder (PTSD) is a mental  disorder which occurs due to an individual witnessing or being exposed to a fearful or dangerous events or traumas which with time causes such individual to develop symptoms of post-traumatic stress disorder such as difficulty in sleeping  due to nightmares,lack of concentration, occasionally on guard, irritations etc.

Here, Pukari suffers  Post-traumatic stress disorder as a result of the fearful experience he witnessed in the killing of his wife and children and so has developed symptoms of  the disorder such as lack of concentration  due to recurring flashbacks causing him have difficulties at work.

8 0
3 years ago
Why does the constitution divide power among branched f the government
tangare [24]
Because they need to balance out the power between each branch, they need to check and balance each other
3 0
4 years ago
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