Answer:
Let's say that that Daniel has work on the same day his friends want to see a movie.If Daniel misses out on the movie the oppertunity cost will be missing out on the movie to go work.If Daniel skips work, the opportunity cost will be the wages lost from work.
Explanation:
The opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.
<h3>What are opportunity costs?</h3>
Opportunity costs are the benefits of an alternative decision when the decision maker rejects the alternative.
For instance, the opportunity cost of going to college is the earnings forgone.
The opportunity cost is computed as the lost benefit when an alternative decision is not pursued.
Fractionally, the opportunity cost of producing one product A) to another (B) = Units of B / Units of A.
<h3>Data and Calculations:</h3>
United States opportunity cost to produce diamonds = 60/10 = 6
United States opportunity cost to produce corns = 10/60 = 1/6
Congo's opportunity cost to produce diamonds = 20/5 = 4
Congo's opportunity cost to produce corn = 5/20 = 1/4
Thus, the opportunity cost for the Congo to produce additional diamonds is <u>C. 4 thousand units of corn</u>.
Learn more about opportunity costs at brainly.com/question/481029
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Answer:
Singapore
Explanation:
The capital of the Republic of Singapore is Singapore city. It is located on the tip of the Malaysian peninsula. the languages spoken are English, Malay, Tamil and Mandarin.
Explanation:
1)was initially isolationist but opened trade with America. China, however, resisted Western influence, especially during the Boxer rebellion. Because of Japan's response, Japan increased in strength during its Meiji Period , even winning a war against Russia
2)These include economic, exploratory, ethnocentric, political, and religious motives.
