Answer:
Nations needed more raw materials.
Explanation:
Answer: They ultimately agreed to impose an economic boycott on British trade, and they drew up a Petition to the King pleading for redress of their grievances and repeal of the Intolerable Acts.
Explanation:
C. Viking raiders and armed bands threatened everyone, but kings had lost power and could not protect everyone. Under the feudal system, nobles could protect their property and local people by offering land in exchange for loyalty and military service.
Answer:
The other items you could have purchased with your $50
Explanation:
Opportunity cost represent the loss of potential benefit that occurs when you choose an alternative decision. This concept is usually used by businesses during their budget allocation process in order to find out the best way how to spend their capital.
On the example above, You receive $50 as a birthday gift. That $50 can be used for anything. You can choose to use it to purchase games, clothing, foods, etc. But you decided to spent it on wallpaper. By purchasing the ability you lose the opportunity to buy any of those other things. This loss is what considered as opportunity cost.
