Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Answer:
preconventional stage
Explanation:
According to my research based on the different stages of ethical development, I can say that Arwan is currently in the stage known as the preconventional stage of ethical development. During this stage it is considered that a child's moral compass is controlled by the child's surroundings such as their authority figures (parents, teachers, nanny's, older family members).
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Menelaus asks his brother, King Agamemnon, for assistance.
That they were upset and willing to do anything to lower the tax, them trying to tax the colonists like they hadn't before was like "preaching to the dead" as they put it because they weren't going to do what they said
In the united states, spending on social security, medicare, and Medicaid was approximately 3% of the Gross domestic product in 1962 and is expected to be approximately 20% of the Gross domestic product in 2050.
The gross domestic product is a measure of the market value of all the completed products and services produced in a country within a specific time period.
Due to the measurement's complexity and subjectivity, it must be constantly revised before it can be considered a reliable indication.
In contrast to nominal GDP, which is better for comparing national economies on the international market, utilizing a base of Gross domestic product per capita at purchasing power parity (PPP) may be more beneficial for comparing living standards between nations.
However, variations in the cost of living and inflation rates across the nations are not reflected in the nominal gross domestic product (GDP) per capita.
The contribution of each industry or sector to the overall Gross domestic
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