The opportunity cost in this scenario is Mikael's decision to forgo seeing Ouro Preto during his stay in Brazil.
Opportunity cost refers to the decision making process people use in terms of how they spend their time, resources, or money. This term refers to the loss that a person suffers by picking a certain option. In this case, Mikael does not want to cut his food budget. Instead, he picks to skip visiting Ouro Preto. So this represents how Mikael is losing out on seeing this site in order to eat the foods he wants while on vacation.
<span><u><em>The correct answer is:</em></u>
B. Great profits at the expense of cultural development and equal opportunity.<span>
<u><em>Explanation:</em></u>
Even though the plantation system resulted in huge profits thanks to crops like tobacco and cotton, many Southern states focused solely on this form of labor to make money.
Being focused on only agricultural resulted in limited development of Southern culture.
Along with this, the enslavement of blacks in the South resulted in unequal opportunities for Southern citizens.
Blacks did not have legal, political, or economic rights. Rather, they were viewed as property and treated horribly by their owners. </span></span>
Answer: The McCollum memo, also known as the Eight Action Memo, was a memorandum, dated October 7, 1940, sent by Lieutenant Commander Arthur H. McCollum, who "provided the president with intelligence reports on... every intercepted and decoded Japanese military and diplomatic report destined for the White House" in his capacity as director of the Office of Naval Intelligence's Far East Asia section.
Explanation:
Answers I could choose from?
Answer:
Note: a true market economy does not exist. Command Economies
Explanation:
