Answer:
Ambitious
In this case, you have to multiply the price of the one way journey ($2.65) by 8 (as this is the number of individual journeys made in one week. It's gives you $21.20. As he has 1 bottle of water at $1.45 each day for four days, you have to multiply these together, giving you $5.80 You then have to add together $21.20 and $5.80, giving you $27. Therefore, it costs Edgar $27 a week
Step-by-step explanation:
Answer:
8
Step-by-step explanation:
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Every economic decision has "a consequence or tradeoff" - this final answer choice is correct. Every time that an individual, business, or institution makes an economic decision, they always forgo an opportunity to use the same capital or resources for other endeavors. As such, there is a tradeoff incurred by not making the decision to use the resource in another manner. This is known as opportunity cost and is one of the fundamental tenets of economic theory.
