Answer:
Personal Opportunity Cost - Spare non drive time sacrifised
Social Opportunity Cost - Fuel efficiency (high pollution), Road Traffic (Congestion issues).
Explanation:
Opportunity Cost is the cost of next best alternative, foregone while choosing an alternative. Bill can commute either by bus, or by self drive.
If Bill drives his car, opportunity cost for him is - the spare time sacrifised, that he could have used while car drive in some other activity (eg reading, listening music).
Opportunity Cost for society is - the fuel utilisation & road traffic management efficiency sacrifised, by using private instead of public transport. This leads to more pollution, more congestion on roads.
Answer:
You did not attach any text, however, college is shaped by social factors by tools such as the media. The media plays a role with colleges with propaganda. Another life decision is getting married, society might portray the person as a horrible human being when the person could be amazing. Lastly, another life decision is changing careers. If you are moving to a different career cluster, it's a difficult choice. The internet could portray the job as amazing, but it may not be!
There were specific terms used to divide people into different classes based on their parents races
Explanation:
Answer:
Explanation:
if social problems are not controlled on time then it may eventually become serious and cause other problems
