Opportunity cost refers to choosing one option over the others and live with the impact and consequence of that choice
Explanation:
All business owners come to experience this opportunity cost and would be left with the option to choose one aspect over the other and they would be ready to face the consequences. If you are a business owner you may ask yourself a question,' what choice am I choosing and will it be profitable if I select this choice over the other?'. This decision can be expressed in terms of opportunity cost.
Opportunity cost can be calculated by what you are sacrificing divided by what you are gaining. Money, time and effort are the three important factors which when sacrificed at the right time in right manner may gain any business owner, but the loss of any of these factors is what determines the opportunity cost.
Answer:
d. Citizen and environmental groups
Explanation:
Citizen and environmental groups can bring suit to stop action by a federal agency.
Answer: mala prohibita
Explanation:
Malum in se is simply a Latin phrase that means that something wrong or evil. Examples include murder, assault, robbery etc. These act are wrongful.
Malum prohibitum, simply m and that something that's considered to be wrong because it's prohibited. Examples include indecent exposure, not using helmets by bikers etc.
Answer: 60 days
Explanation:
The amount of time that an underage person caught with alcohol will spend in prison depends on the state they are in and how the state classifies the action. In some states it is a simple misdemeanor while in others it is a felony.
In states such as Florida, the first offence will earn the person a second degree misdemeanor and could see them in jail for up to 60 days as well as their license being suspended for between 6 months to a year.
