Answer: C. . I and III
Explanation:
Scarcity occurs when our want and the needs are more than the available resources that we have. In this case, we will then have to make a choice to be able to choose from the different alternatives that we have.
When we make a choice, the cost of the other alternative that we left is refered to as the opportunity cost. Therefore, the correct options are:
• The "highest-valued alternative given up to get something" is the opportunity cost.
• Scarcity creates opportunity costs
The statement that wealthy economies don't experience opportunity costs is wrong. Every nation experiences opportunity cost.
Consumers are protected under the Fair Housing Act and the Equal Credit Opportunity Act, which ban unfair and discriminatory practices.
<h3>Who passed the
Truth in Lending Act?</h3>
A federal law that aids advance consumer awareness, It effectively demands lenders to offer consistent information disclosure loan terms and charges, including details such as the annual percentage rate, length of the loan, and total loan cost, among other things.
Thus, Equal Credit Opportunity Act.
For further details about Truth in Lending Act, click here:
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The easternmost point of the U.S. is Sail Rock, off West Quoddy Head, Maine.
A- Those who ascribe to a philosophy of naturalism readily embrace the possibility of miracles.
Answer:
On the delayed tests 93% vs 13%
Explanation:
In the experiment by Bower and Clark on the story construction technique for memorizing serial lists of words (discussed in class), subjects were tested twice—immediately after studying a list and again after all the lists were presented (delayed test). The story group recalled many more words than the control group on the delayed tests 93% vs 13%