The economic term is the opportunity cost.
The concept of opportunity cost is a relatively inexpensive and relative measure that involves people's preferences, so it varies from person to person. It is a question of comparing what is left over when making a decision.
In Katie's case, the opportunity cost of the money she saves to buy a car is what she fails to do with that money. For example, she stops investing in stocks, fails to make a trip, etc.
All decisions involve an opportunity cost. Taking another example, the opportunity cost of studying for the test at the end of the week is measured by the loss of leisure you would have. However, the decision to study for the test is chosen because it is more valuable.
The word from the selection that shows a triumphant tone is prevail.
Battle's happen in a certain area because certain people get in fights or fight over stuff, that there becomes a battle at the area their in.
Answer:
c. medieval cities were very crowed
Answer:
c. Private ownership can give the incentive to the owner, to fulfill the wishes of others, and get the investment back, like a restaurant or school
Explanation:
Fulfilling the wishes of others tend to make it easier for the owners to resale the property (since that property will look a lot closer to the buyers' liking) . Fast re-sale of the property will also make it faster for the owner to get the investment back.
Sometimes, reselling the property is not the only method to recoup the investment. Transforming the property into other revenue generating establishment such as restaurant, car-wash, school, boutique, etc could also be an effective method to recoup the investment.
