Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Answer:
B. False
Explanation:
Some of Texas's biggest lobby spenders are groups that include the interests of consumers, the environment, or human services is a false statement.
Answer:
This question is incomplete, meanwhile, judging by the context it is referring to the East India Company and its approaches it was taking regarding the education in India.
Being the major institute in British colonization of India, <em>East India Company</em> saw <u>its mission not only in trade and revenues, but also in humanitarian spectrum. In particular, in the matters of the education</u>.
While many key figures in the Company were in favor of promotion of Western education and teaching of English language, other figures such as William Jones (28 September 1746 – 27 April 1794) and scholar Henry Thomas Colebrooke (15 June 1765 – 10 March 1837) <u>thought that it is necessary to understand India in order to rule over it effectively</u>. <u>They wanted to introduce study of sanskrit and the sacred texts. In the result, in 1791 the Hindu College was established in Benaras.
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