The used car to Jonah, represents the concept known as <u>Opportunity Cost. </u>
<h3 /><h3>What is an opportunity cost?</h3>
This refers to the benefits that we would have gotten if we picked the next best alternative to the course of action we took.
Jonah's next best alternative to saving for college is buying the used car so the used car is the opportunity cost of saving for college.
In conclusion, the used car is an opportunity cost.
Find out more on opportunity costs at brainly.com/question/1549591.
A political machine was the name given to a corrupt political organization that were major factors in the American political system in the 19th and early 20th century. These political machines were usually organizations run by "bosses" that sought to sway political elections by bringing out masses of people to vote for candidates who supported these bosses financially or with government contracts/services. These bosses were supported financially and thus supported their underlings in efforts to sway political elections to bring in more funding to the machine as well.