The correct answer is an opportunity cost.
<em>The sacrifice involved in making one decision over another is called an opportunity cost.
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When talking about an opportunity cost, it is referred to as the benfits that exist when making a decision. It could be in business or a personal decision. When one individual makes a decision, there are other options left that can have benefits. The sacrifice involved in making one decision over another is called an opportunity cost. That is why is recommended to make a <u>cost-benefit analysis</u> to contemplate all the benefits.
Between 1640-1660, Great Britain enjoyed the greatest benefits of mercantilism. During this period, the prevailing economic wisdom suggested that the empire's colonies could supply raw materials and resources to the mother country and subsequently be used as export markets for the finished products.
Answer:
The statement is correct and the answer is (A) True
Explanation:
Navigation act is an act promulgated to regulate and encouraged shipping and navigation.
The project D. Building the Transcontinental I believe is the one that led to the creation of a system of time zones across America
