Wealth is the value of a household's accumulated savings. Wealth is the measure of the value of all the assets of worth owned by a household, a person, community, company or country.<span>
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Answer:
a. the series of alternative decisions that could have been made
Explanation:
Opportunity cost in general means what you will miss out on or lose when choosing one possibility over another.
Answer: Ranching
Explanation: Based on Von Thunen's model the more intensive agriculture would be ranching.
