1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lapo4ka [179]
3 years ago
7

How can knowing the opportunity cost of buying a product affect people's economic decisions?

History
1 answer:
madreJ [45]3 years ago
6 0

Answer: Option (C)

Explanation:When an option is chosen from alternatives, the opportunity cost is the cost incurred by not enjoying the benefit associated with the best alternative choice. opportunity cost is the return of a forgone option less than the return on your chosen option. It should’ve noted that opportunity cost can guide an individual to more profitable decision making. It involves assessing the relative risk of each option in addition to its potential returns. Every time you make a choice , you’re weighing the opportunity cost of that action. Opportunity cost includes all real cost of making one choice over another choice , including loss of time , energy, and a derived pleasure.

You might be interested in
How is the will of the people, or popular sovereignty, most strongly expressed according to the constitution?
adoni [48]
In voting because giving the citizens the right to vote allows them to choose the people to lead them and make the laws that they will follow.
3 0
3 years ago
Something that passes to the children when the parent dies is
Harrizon [31]

Answer:

It is called an heirloom.

Explanation:

5 0
3 years ago
What territory did the Spanish Empire have in the 1750?
ANEK [815]

Answer:

the Asian archipelago of the Philippines, what they called "The Indies"

this information was gathered from Wikipedia

4 0
3 years ago
What does smith mean by his “comedies” and “tragedies”
Katena32 [7]

Answer:

By using the terms "comedies" and "tragedies", John Smith is talking about his happy and sad times in the New World among the Native Americans.

Explanation:

John Smith in "Captain John Smith Is Saved by Pocahontas, 1608", writes about how he was saved by Pocahontas in 1608. He and two if his companions were ambushed by Indians. The Indians, according to Smith's account, killed Smith's companion and planned to kill Smith, too in a ritual ceremony. But the chief daughter, Pocahontas, saved Smith by coming between Smith and his killers. This is both a comedy and tragedy for Smith.

By using the words "comedies" and "tragedies", Johm Smith is referring to these times.

7 0
3 years ago
Write one sentence about socialism?​
olga2289 [7]

Answer:

Under a system of socialism, the government manages the country’s major businesses

Explanation:

Hope it helped :)

8 0
3 years ago
Other questions:
  • What would cause the overall demand for books to increase? (5 points)
    10·2 answers
  • How did the idea of states’ rights become altered?
    10·1 answer
  • Why was robert owen a skeptic of laissez-faire
    13·1 answer
  • How was education during the Renaissance shaped by humanism
    5·1 answer
  • How does the federal bureaucracy regulate individuals, communities, and businesses?
    15·1 answer
  • four laps around the track is equal to one mile. It takes Taylor 8 minutes to run 3 laps. How many minutes would it take taylor
    10·2 answers
  • In one or two paragraphs, explain whether your political beliefs tend to be more liberal, conservative, or moderate. Then, expla
    10·2 answers
  • What was the source of power in the Middle Ages? Explain
    6·1 answer
  • These new military technologies resulted in a huge expansion of the military tactic known as trench warfare and made
    7·1 answer
  • If a historical source shows a strong preference or point of view that might distort the information presented, the source is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!