The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the weight of the next-best option when a decision is made; it's what is given up,” describes Andrea Caceres-Santamaria, aging financial education specialist at the St. Louis Fed, in a current Page One Economics: Money and Skipped Opportunities
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A (just writing more so i can submit it)
Answer:
True
Explanation:
After the war, governments had no more money, and could not help the economy. The end of the war time production, increased labor supply from returning troops and helped contribute to high unemployment and the decline of wages. Factories producing war related products were becoming idle.
Answer:
the image faces the same direction as the pre-image
The correct answer is Governor Faubus resisted the school’s integration with National Guard troops, and President Eisenhower sent federal troops to enforce integration.
After the Supreme Court case Brown vs. Board of Education (1954) the federal government called for the desegregation of schools all across America. This included Central High School. Central High School was previously an all white school. After Brown vs. Board of Education ruled segregated schools illegal, 9 black students enrolled at Central High School. These individuals would be known as the Little Rock 9.
After enrolling, these students tried to attend Central High School but were kept out by the national guard troops. This was due to Governor Fabius's disagreement with integrating white and black schools. However, President Eisenhower enforced the federal ruling by sending in federal troops to enforce the new ruling, allowing black and white students to attend the same school.
