Answer:
The opportunity cost is the value of the Free ticket fee, the pleasure you would derive from going to your favorite venue, and the joy in seeing your favorite artist.
Explanation:
Opportunity cost is defined as the value or benefit of the forgone alternative in the course of making a decision. In this case, you are either faced with enjoying yourself at the event where your best artist will be performing at your favorite venue and at no cost and then performing badly on your ECON test on Friday, or sit back and study on Thursday so you can pass your test and then forget the event. Hence once you choose to study, the opportunity cost is the value of the ticket fee, the pleasure you would derive from going to your favorite venue, and seeing your favorite artist. Missing an autograph from your favorite artist can also be considered part of the opportunity cost.
Answer:
The concept of the nation usually denotes a collection/group of people who have the same culture.
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The army of the Potomac.This article is about the union army.For the confederate army of the same name , see confederate Army of the potomac
The government controlled agriculture through collective farms.
Focus on the Individual
Both Humanistic and Psychoanalytic theories center around the individual. Although the Humanistic view sees the individual in a more positive light then the psychoanalytic, they both agree that the individual is of the utmost importance in personality development.
