1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pashok25 [27]
3 years ago
10

the principle of opportunity cost states that if you have more of one thing you must have less of another ..... true or false

History
1 answer:
sergey [27]3 years ago
5 0
Hi there. The way this question is stated is going to need some input from you to infer what was meant by the language.

This answer would be True. Because opportunity cost means more of one and less of another in simple terms, since in an economy we cannot utilize all of our resources at one time.

But I would caution that the language is in the simplest of terms! Since a more thorough definition would be that opportunity cost is the amount lost by not taking the next-best alternative. If your teacher and lesson usually describe opportunity cost and other terms simply, then I would say to go for it and choose True.
But if your lesson seems to be strict on definitions, then maybe that isn't the best definition. I would say it is good enough though because although simple, it does encompass the whole idea.

I hope this helps!
You might be interested in
What was the birth name of the renaissance man responsible for the ornithopter??
e-lub [12.9K]
<span>Leonardo da Vinci is the Renaissance man responsible for the ornithopter. The ornithopter is a type of aircraft whose wings flap, causing it to fly. This format mimics the natural motion of animals that fly (like bats and birds). </span>
3 0
3 years ago
Read 2 more answers
In three to five sentences, explain how British taxes influenced the actions of the colonists and led to the American Revolution
marysya [2.9K]

Answer:

The American Revolution was precipitated, in part, by a series of laws passed between 1763 and 1775 that regulating trade and taxes. ... Since enforcement of these duties had previously been lax, this ultimately increased revenue for the British Government and served to increase the taxes paid by the colonists.

Explanation:

7 0
3 years ago
Read 2 more answers
TAKING FINAL EXAM HELP!!!
Anettt [7]

Answer:

mexican journalists

Explanation:

4 0
3 years ago
Read 2 more answers
Which of the following is the most accurate description of Joliet?
SOVA2 [1]

Answer:

B. He was an explorer sponsored by the French settlements on the Mississippi River.

Explanation:

Louis Joliet was the first person, who wasn't a Native, to explore the Mississippi River. He also discovered numerous other things and was a well known explorer in North America.

7 0
3 years ago
How did Lincoln approach the issue of slavery in his speeches? A. He avoided slavery as a possible inflammatory topic. B. He adv
LiRa [457]
<span>He commended slavery and affirm the idea of African-Americans natural rights is the correct answer</span>
7 0
3 years ago
Read 2 more answers
Other questions:
  • Why were most Roman taxpayers unhappy about<br> paying to support the Army?
    9·1 answer
  • How did the election of 2004 help the Democrats, even though they lost? A. George w. Bush was narrowly defeated B. The rise of g
    13·2 answers
  • Can you please help me out on this question??
    11·1 answer
  • During World War I, the second phase in battles across enemy lines and no-man’s-land was
    9·2 answers
  • URGENT!! PLEASE HELP.
    7·1 answer
  • Which achievements are those of General Pakenham? Check all that apply.
    5·2 answers
  • According to Bolívar, what is the advantage of a hereditary senate?
    13·1 answer
  • I'm feeling very generous.
    15·1 answer
  • explain how the Louisiana Purchase will impact the United States economically, socially, and/or politically
    12·2 answers
  • When did lol come about?
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!