The opportunity cost in this scenario is the three lost opportunities Harry experiences by deciding to go to his parents house. The term opportunity cost refers to <em>the loss of potential gain from other alternatives when one alternative is chosen. </em>The potential gain Harry may have lost by choosing to go to his parents for dinner instead could be <em>relaxation while fishing, His house painting being finished, and time spent with his friends at the birthday party. </em>These all can be considers lost opportunity due to choosing an alternate opportunity, that being dinner at his parents.
This question is incomplete because the options are missing; here is the complete question:
How did railroads spur economic growth and create new markets for products after the Civil War?
A. By linking the nation together
B. By reinvesting in other industries
C. By bringing immigrants west
D. By providing railroad land to settlers
The answer to this question is A. By linking the nation together
Explanation:
The creation of new railroads and the expansion of old railroads after the civil war was key in the economic growth and prosperity of the U.S. This is because the railroads connected or linked many territories that were previously isolated. This implied goods and raw materials could be easily transported, which increased production and trade. Moreover, there were new markets as territories connected integrated in trade. According to this, option A is correct.
He sent the U.S. Navy and Marines to fight the pirates and protect American ships and trading, which resulted in the Barbary War. In 1801 pirates captured American sheeps, demanding America pay tribute to the Barbary rulers, and Jefferson refused to give any cent which lead to War.
