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:
Can you post this in english?
Explanation:
Answer:
IF One Nation Was A Christian Nation Almost is Like The Government wants everyone To Be A Christian They Could Also Force other People To Belief and would conquer Nations To Make Other Nations Believe Also
Explanation:
Answer:
38th parallel line.
Explanation:
It's the 38th parallel line of latitude that separates communist north Korea and the U.S backed republic of Korea. This line is situated at the 38 degrees towards north from the earth equatorial line and is the example of geometric boundary in which borders are closed and a very small movement is allowed across it. Prior to the korean war, this line serves as a border between the north Korea and the south Korea.
Helping customers complete transactions and paperwork... I love this because it is important than others...
