The man in the cartoon is looking at what seems to be a news report about the drought in Ethiopia. The man is sitting down to watch the television. The man doesn’t care for the news report as can be seen by his reaction “just another darn repeat”. I believe the cartoonist thinks that the people in the west don’t care about what’s going on in Ethiopia.
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
Please mark brainliest.
The Mexican war led to the capture of Arizona, New Mexico, Texas, and a part of California. Hope this helps.
