The opportunity cost in the scenario above is the three lost possibilities, Harry could have undergone but decided to go to his parents house.
- Hid plans to paint his flat that weekend.
- He considered also going fishing for the weekend.
- Hi friend Theo request to the surprise birthday reception for another friend.
<h3>What is the opportunity cost in the scenario?</h3>
“Possibility cost is the importance of the next-best alternative when a determination is made; it's what is given up,” explains Andrea Caceres-Santamaria, senior economic education specialist at the St. Louis Fed, in a current Page One Economics: Money and Overlooked Opportunities
To learn more about opportunity cost, refer
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During 1787 different delegates of the government joined forces at the Independence Hall, to reach to a historical agreement. Named after Connecticut delegates Roger Sherman and Oliver Ellsworth, the Connecticut Compromise stated that the United States was going to have a dual system of representation in the Congress.
This is to say that in the Senate, all the states were going to have the same number of representatives. Meanwhile in the House of Representatives each state would have a different amount of members, depending on the size of its own population.
Brrazil
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Andrew Jackson did not obey the Supreme Courts ruling
The answer to your question is operational planning
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