Which of the following statements are correct?

Social Studies

1 answer:

beks73 [17]3 years ago

5 0

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.

You might be interested in

Ngugi wa thiong'o begins this excerpt with stories of his childhood. what is his purpose in starting out this way? how does this

GuDViN [60]

Starting the stories with his childhood makes Ngugi's stories seem more real than others because people think that it is a real life story.Mentioning childhood invokes multiple senses of the readers,engages the readers,evokes strong emotions as people start to think of their own childhood as well, helps in creating intriguing and complex characters for Ngugi's stories,the writer may use rich character voice,Ngugi is able to pull his readers into action.

6 0

3 years ago

Imagine you are an eighteenth-century person buying a gift for a friend who collects casta paintings and believes they provide a

umka2103 [35]

The viable book to be gifted would be 1785 edition of Collected Casta Paintings

Explanation:

In 1785, there was a commissioned collection for Casta artwork and many articles were commissioned for the study of the art form too.

It has been developed throughout the centuries in Mexico as a mix between native influences and the Spanish influence that came from across the sea and people from both Native, mixed and foreign descent are responsible for the production of these artworks that gained popularity in the 18th century.

5 0

3 years ago

Which answer is true about dark-colored surfaces? PLEASE HURRY ITS DUE NOW

jarptica [38.1K]

Option D is correct. The truth about dark-colored surfaces is Dark-colored surfaces absorb more visible light than light-colored surfaces.

<h3>What is meant by the absorption of light?</h3>

The process by which light is absorbed and transformed into energy is known as light absorption. Plants' photosynthesis serves as an illustration of this procedure. However, not only plants, but all living things and inorganic materials, absorb light.

While absorbed light is the source of energy that powers processes in the atmosphere, hydrosphere, and biosphere, reflected light bounces back into space.

Absorption: This occurs when light is changed into a different kind of energy. When light vanishes as it travels through another medium, something happens.

When light is absorbed, an item becomes black or opaque to the incoming wave's colors or wavelengths: It is impossible to see through wood. Some substances are transparent to some light wavelengths but opaque to others. Water and glass are transparent to visible light but opaque