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.
The relationship between the Standard Oil and the United States were that the combination between business was illegal and unlikely to be reasonable in straints of trade and abuse of anticompetitive actions Which would later break up the Standard Oil and all apart in 1911.
True ///////////////////////////
Answer:
IMPLIED POWERS Explanation: are the powers that the national government requires to carry out the powers that are expressly defined in the Constitution. They are not directly stated in the Constitution. The basis for the implied powers is the necessary and proper clause.
Explanation:
Ivan III "the great" is the Ruler of Russia that defeated the Mongols. He tripled the territory of Russia under his rule and laid the foundations for the Russian state.
