1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gavmur [86]
3 years ago
5

What's opportunity cost? Provide a hypothetical situation/scenario showing an

Social Studies
1 answer:
vitfil [10]3 years ago
3 0

Answer: See explanation

Explanation:

Opportunity cost is what one forgoes when we choose a different alternative. Due to the scarcity of resources, we all have choices to make.

For example, if one is faced with a choice of either spending a certain amount of money on buying a book or going to the cinema. If the person eventually buys a book, then the opportunity cost is the cost of the movie not seen and the enjoyment that's comes with going to the cinema.

You might be interested in
I got i massive holiday assignment barrage and i need help so does anyone know what to do with this social studies homework
Anika [276]

Answer: what do they mean? some nationalist historians have called the revolt of 1857 the first war of independence. however,many modern historians refute this claim by saying that neither was it the first nor was it a war of independence.

Explanation: sorry this is what I got for now

5 0
3 years ago
How has arabia's "crossroads" location affected its culture and society
Nostrana [21]
Arabia is quite famous--ever heard of the Thousand and One Arabian Nights story? The entire creation of this "one" story is actually a compilation of many different stories from both West and South Asia. However, the entire Thousand and One Arabian Nights story has a main frame story that everything else relies on. This is just one example of how Arabia's "crossroads" location affect its culture and society. Go and look at their government :)
6 0
4 years ago
How were the European systems of mercantilism and free enterprise similar during the 18th and 19th centuries?
Leno4ka [110]
Merchants were able to conduct unrestricted international trade
6 0
3 years ago
How long should you wait to dye your hair after bleaching
rosijanka [135]

4 weeks

have a great day

6 0
3 years ago
Locate the following lakes superior, michigan, huron, erie and ontario. Collectively what are those lakes called how did involve
MA_775_DIABLO [31]

Answer:

they are called the great lakes.

5 0
3 years ago
Other questions:
  • Why were many Americans satisfied with the articles of confederation
    10·2 answers
  • When asked to describe oneself, the client states, "i am a 47-year-old hispanic male, married with two children, and i work as a
    11·1 answer
  • What year did George Washington became president?
    6·2 answers
  • Which country has classified themselves to the following religion?
    5·1 answer
  • How can the information on this poster best be categorized?
    14·1 answer
  • Importance of festival​
    14·2 answers
  • How has desertification negatively impacted the people of Africa?
    15·1 answer
  • HoWs this for Melanie Martinez?
    10·2 answers
  • ¿en que artículo de la constitución mexicana habla de la cultura de paz? ​
    11·1 answer
  • In a criminal case, ______ brings the case against someone accused of committing a crime against society.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!