The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the importance of the next-best alternative when a determination is made; it's what is given up,” explains Andrea Caceres-Santamaria, senior economic education specialist at the St. Louis Fed, in a current Page One Economics: Money and Overlooked Opportunities
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These 520 members are not sufficient enough to represent the whole entire United States, therefore, the information is inaccurate. Also, she is only surveying one age group, making it even more inaccurate.
The correct answer is The Rise and Fall of Political Parties
Politicians has changed drastically in north america, so do politics. Politicians are increasingly with different ideas from their parties and this causes them to end up breaking relations, politicians find themselves more ideological and divergent from the party's thoughts, with this there is a break with that party and the connection with another party, but this break and relationship has been confirmed.