The given statement about cost is a true statement as cost becomes most obvious when more money must be spent on one thing, leaving less available for another.
<h3>What is the cost?</h3>
A cost is often the value of the money that was expended during the production or delivery of something or service and is now unavailable for use.
Manufacturing, research, retail, and accountancy all make use of this idea. In business transactions, the cost may be an acquisition cost, in which case the amount of money spent to acquire it is considered to be part of the cost.
Finally, cost becomes most apparent when more money spent on one thing leaves less money for another. This corresponds to a true statement.
As a result, opportunity cost describes a decision we must make in order to make another one.
You have $50, for instance, which you may spend on a date with your partner or on your preferred game. The inability to purchase the game is your opportunity cost if you decide to utilize that money to take your partner out on a date.
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Answer:
The best reason is that; He wants the audience to feel William Kamkwamba is speaking directly to them.
Explanation:
<span>John's suit is most likely going to fail because John did not suffer any harm or damage to his property. The fact that there was danger of harm and emotional damages is irrelevant in the eyes of the court.</span>
<span>place more oil on the market this year, thus shifting the present supply curve of oil rightward</span>