Answer: C. . I and III
Explanation:
Scarcity occurs when our want and the needs are more than the available resources that we have. In this case, we will then have to make a choice to be able to choose from the different alternatives that we have.
When we make a choice, the cost of the other alternative that we left is refered to as the opportunity cost. Therefore, the correct options are:
• The "highest-valued alternative given up to get something" is the opportunity cost.
• Scarcity creates opportunity costs
The statement that wealthy economies don't experience opportunity costs is wrong. Every nation experiences opportunity cost.
The United States should have dropped the atomic bomb due to Truman having very little choice.
Few actions in the were were justifiable. Truman had very little choice because he was faced with the Japanese refusal to surrender. This decision was based of the ( estimated ) half a million allied casualties likely to be caused by invading homeland islands of Japan. Also, there were likely death tests from starvation for Civilians as the war dragged on well into 1946
The proper format is
No one really "said" it; it is the equation that represents Einstein's Theory of Relativity.
The Answer to your question is it allowed us to export goods over the ocean; <span>more people-more jobs-more taxes.</span>
