The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the importance of the next-best alternative when a determination is made; it's what is given up,” explains Andrea Caceres-Santamaria, senior economic education specialist at the St. Louis Fed, in a current Page One Economics: Money and Overlooked Opportunities
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Answer:
True
Explanation:
The Eighth Amendment of the Constitution states:
'Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.'The amendment is meant to safeguard Americans against excessive punishments. The fact that the prison officals delibrately disregarded the risk of Ray being harmed and he was seriously harmed, so he doeve a strong argument because he has a right to be freed from cruel and unusual punishment.
Studying macroeconomics is important because we can learn
how the economy of the country is doing. Also microeconomics studies the
inflation, factors of unemployment, national income and variation of prices in
the market. Macroeconomics focuses on companies and the decisions of people.
<span> he is likely to do best with a counselor who has a sociocultural perspective.
Sociocultural perspective oberve how a cultural environment and behaviors of other people around a person could influence that person's behavior. In this case for example, a typical child from chinese cultural background tend to do better in school because their family tend to be really strict about their academic result (and often impose corporal punishment if their result is undesirable)</span>
The Continental Congress adopted the Declaration of Independence on July 4, 1776. It was engrossed on parchment and on August 2, 1776, delegates began signing it.
America Congress is the legislature of the federal government of the united states. It is bicameral, composed of a decreased body, the residence of Representatives, and a top body, the Senate. It meets in the united states Capitol in Washington, D.C. Senators and representatives are chosen via direct election, even though vacancies within the Senate may be filled by means of a governor's appointment. Congress has 535 voting contributors: 100 senators and 435 representatives. The vice president of the USA has a vote in the Senate simplest while senators are calmly divided. The residence of Representatives has six non-voting members.
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