Answer:
The other items you could have purchased with your $50
Explanation:
Opportunity cost represent the loss of potential benefit that occurs when you choose an alternative decision. This concept is usually used by businesses during their budget allocation process in order to find out the best way how to spend their capital.
On the example above, You receive $50 as a birthday gift. That $50 can be used for anything. You can choose to use it to purchase games, clothing, foods, etc. But you decided to spent it on wallpaper. By purchasing the ability you lose the opportunity to buy any of those other things. This loss is what considered as opportunity cost.
Answer:
being a merchant
Explanation:
because the people are usually selling things that most people don't have
The action that finally provoked the United states into bombing Libya was the start of the Libyan Civil War which resulted in hundreds of innocent Libyan people being killed by radical Libyan terrorists
