This is false!
Opportunity cost is the cost of giving up the benefits of the most desirable alternative, not of the least desirable alternative. So let's say, your parents offer you money for Birthday: 100$, 50$ or 30$.
You will probably choose to receive 100$ and your opportunity cost will be 50$.
Amendment 7, but only in cases for $20 or more.
The Phoenicians came into contact with many other cultures who borrowed their ideas and customs when they traveled to trade. The Phoenicians sailed to trade and establish colonies where they spread their culture and economy. They sailed across the Mediterranean—through the Greek islands, southern Europe, the Atlantic Coast of Africa and Britain. The Phoenicians' passion for conquering horizons and setting up majestic trade networks established their civilization in places far from their homeland.
