Answer:
Explanation:
C they did not have enough.
Answer:
Ricardo's opportunity cost when taking the promotion is:
- <u>The time he spent with his friends</u>.
Explanation:
Opportunity cost regularly refers to what is waived once a decision is made, in Ricardo's particular case, when taking the promotion with an eye on the salary increase that he would have, despite the fact that he will lose part of the time he dedicates to his friends, <u>he is giving up the latter, which would be his opportunity cost in the near term, since in the medium or long term he may lose the friendship of said friends if he cannot dedicate time to them due to his work, which would also be taken as an opportunity cost if it happened</u>.
Answer:Standard of living is increasing in many developing countries, leading to an increased per capita use of natural resources
Explanation: even if the population decreases however their demand for resources doesn't seem to be going down , according to environmentalists people are demanding more and more of the limited resources such that there is a chance that these resources may not be able to replenish.
As the standard of living increases, people start to demand more from the environment each person possesses resources that can be possessed by two or more people , there is no satisfaction people keep taking non stop.
C. Africa, expl:Africa’s projected population graph has the greatest distance between its beginning and ending height on the graph out of all the continents.