Here we have two different decisions.<em><u> Opportunity cost</u></em> of buying the CD and not buying the DVD is 1: ($11-$10). And <em><u>opportunity cost</u></em> of buying the CD and not buying the new T-shirt is 4: ($14-10). <em><u>Opportunity cost</u></em> is the difference between the value of the option chosen and the value of the best option not made. If the option I choose gives me a benefit of 10 but there is an alternative option offered by 12, the opportunity cost is 2.
Christianity. It has become very common in all of Africa, including North.
<u>%Question%</u>
Describe the Hepburn Act. What did the act achieve, and why was it different from the previous.
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<u> &Answer&</u>
<em>The Hepburn Act is a 1906 United States federal law that gave the Interstate Commerce Commission (ICC) the power to set maximum railroad rates and extended its jurisdiction. This led to the discontinuation of free passes to loyal shippers.[1] In addition, the ICC could view the railroads' financial records, a task simplified by standardized bookkeeping systems. For any railroad that resisted, the ICC's conditions would remain in effect until the outcome of legislation said otherwise</em>
