Answer:
People make choices about what to buy.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of buying a product is the utility (satisfaction) that could be derived in another product using the same amount of money.
For example, if you decide to use your money to buy a Playstation 5, your opportunity cost would be the satisfaction you could have derived if you had invested the same amount of money in buying a bike for easy transportation.
Hence, opportunity costs exist when people make choices about what to buy.
Answer:
Because they felt like it duh
B. Restitution
Explanation:
Restitution means returning to the proper owner property or the monetary value of loss.
Answer:
Explanation: Lincohn means if we all focus on the same thing we will complete something. The House of Representives was divided at this time on the issue of slavery. Using the metaphor of an actual house, the president generally said that if we are pulling in 2 opposite directions something (such as the government) will collapse
