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.
Answer:
Lord Dalhousie
Explanation:
The doctrine of lapse was an annexation policy purportedly devised by Lord Dalhousie, who was the Governor General for the East India Company in India between 1848 and 1856.
Answer:
Actually, there are three major types of interest groups. Animal rights groups such as People for the Ethical Treatment of Animals(PETA) and environmental interest groups such as greenpeace usually organize as public-interest groups.
Explanation:
D shorter enlistments for colonial troops