Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Answer:
Your back
Explanation:
Your spinal cord is one of the main hosts of sensory muscles and veins which are highly sensitive.
Also, a good rule of thumb is that your back is often more receptive to high or low-temperature precursors (such as scalding/freezing water) compared to the hand, so keep that in mind.
Hope that helps :)
Answer:
The correct answer is B.bargain in order to obtain the property rights of the gopher habitat.
Explanation:
In economics, the Coase Theorem states that in a market where transaction costs are negligible, a dispute between parties where property rights are involved will lead to a bargaining process where the party that gives the most value to whatever it's in dispute will end up winning rights over that property. In this case, the environmental group assigns great value to protecting the habitat of the Wyoming pocker gopher, but they can only fully secure its well-being by securing property rights over said habitat, and given their standing, they can expect to bargain or negotiate successfully. Any other option, like protesting, boycotting, or lobbying, won't be good enough to achieve their goals.
The Middle Kingdom is a period of time during the history of Ancient Egypt. It lasted from 1975 BC to 1640 BC.
