In Country A, the opportunity cost of one paper clip is 1/2. Option C
<h3>What is opportunity cost?</h3>
The opportunity cost refers to the alternative forgone in production. It means that it is the option that is chosen in the midst of other possibilities.
We can see from the table that in Country A, the opportunity cost of one paper clip is 1/2.
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Missing parts
If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.
In country A the opportunity cost of 1 paper clip is
A.2 rubber bands.
B.1 rubber band
C.1/2 rubber band.
D.1/4 rubber band.
Seth is certainly the one who needs a long term care insurance.
A long term care insurance is a policy that covers the nursing bills for older citizens who are 65 years and above. It is an advance payment that covers about six or more years.
Such a policy is of more importance to Seth who has spent most of the money that he has made and keeps spending. He may not have enough money to cover his nursing bills in old age but Colin would depend on his long term savings.
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Answer:
x = 6 (A)
Explanation:
We plug y = x^2 - 5x + 3 into 5x + y = 39 and we have
5x + x^2 - 5x + 3 = 39
-> x^2 = 36
-> x = 6
The items that represent the perceived successes of the preparedness movement and those that represent the perceived failures are:
Successes
- It trained soldiers who became the main members of the officer corps.
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It trained people to be better members of the workforce.
- It forced improvements to the U.S military.
- It helped lead the U.S to join the war.
Failures
- It helped spark an arms race between major countries.
<h3>What is the Preparedness Movement?</h3>
The Preparedness movement was initiated by the former president, Theodore Roosevelt. His aim was to convince President Woodrow Wilson and the American citizenry of the need to prepare to join the first world war.
This movement helped to prepare the nation for the war.
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