ANSWER: Opportunity Cost is the cost of losing the next best alternative compared to the option that has been chosen. There can be numerous situations of opportunity cost. A situation which is simple yet best is as follows:
David is a doctor who charges $20 from his patients for regular checkup. He knows that weekend evening will be full of patients and he won't have time to rest. There are an average of 15 patients every weekends. So by the simple calculation, David will be earning $300 on a single weekend evening. But due to popular rock concert being organized in the city on a weekend evening, David decides to skip the day and visit the rock concert. The ticket price for the rock concert was $50. So,the opportunity cost for David was $350 because not only David lost the chances of his earning that evening but he also spent $50 on the tickets of the rock concert.
Hi, don't have time for a paragraph but can give you a jist. Do media, it's a lot easier talk about how the public has been going crazy lately about certain things. Narrow down to one topic that is going on and talk about why and how it affects the public. For example the terrorist attack in NY last week. It created many stereotypes about muslims that they are terrorists. Good luck kid
Answer:
The colonies of the American South wanted to copy the class system of England for the way of life and the goal of planters in the South was to have an aristocratic society like the one in England.
Answer:
They all united together to fight...?
Explanation:
Answer:
C.both
Explanation:
Because natural rights are "life, liberty, and property."
