The Senate and the house of Representatives
Answer:
Steam engines were used in all sorts of applications including factories, mines, locomotives, and steamboats. How does the steam engine work? Steam engines use hot steam from boiling water to drive a piston (or pistons) back and forth. The movement of the piston was then used to power a machine or turn a wheel.
This is an example of social comparison theory.
The potential benefit given up when selecting one alternative over another is a(n) opportunity cost.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. Opportunity costs are by definition invisible, making it simple to ignore them. Making smarter decisions requires an understanding of the possible opportunities lost when a company or person selects one investment over another. The difference between the anticipated returns of each alternative is all that needs to be considered when estimating an opportunity cost.
The determination of a company's capital structure involves opportunity cost analysis in a significant way. To pay lenders and shareholders for the risk of their investments, a corporation must incur costs when issuing both debt and equity capital, but each has an opportunity cost as well.
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It means to have your own choice in whether or not you want to do it or not
