The word you get is Trade I just took the test. <3
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
Please mark brainliest.
(Advertisement for radios, published in 1923).
major events of the early years of the civil war from 1861-1863:
The Civil War began. The South had advantages as they were better prepared, had better war plans and generals. North was not well prepared and did not have good generals to command their soldiers.
Major events of the middle years of the civil war from 1863-1865:
As the war dragged on, the advantages of the North from having more factories and better economy showed their effects to the various battles. Key victories for the North at Gettysburg, Forts Henry and Donelson .
Major events of the ending years of the civil war after 1865:
After Gettysburg and Lincoln's Emancipation Proclamation, the South recognized it was losing the war. Cities of Petersberg and Richmond were taken by the North. The South retreated further and further. Even after Lincoln was killed in an assassination in 1865, the South had lost and surrendered.
i think its the second one
