Katherine's opportunity cost of attending the lecture is: the transportation and time cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight.
<u>Explanation</u>:
The opportunity cost is the "cost" lost by not enjoying the benefit associated with the chosen alternative choice. People usually make use of opportunities to make themselves better.
The opportunity cost can be explained as giving up of profit or value to achieve something else. Opportunity cost is the value of giving up the best thing whenever you make a decision. When Katherine decided to attend the lecture of her favorite author, she lost her time, transportation cost and even scored low grade in physics exam as didn’t study on exam night.
An important focus of systems theory is on understanding the behavior of individuals in their environment is a true statement.
<h3>What is the environment?</h3>
The environment can is defined as the process in which the surroundings are taken into account, it can be related to the environment, market, or economy.
The purpose of systems theory is to recognize trends and clarify concepts that are applicable to all kinds of devices at all hierarchical layers throughout all academic domains.
Studying how people behave in their surroundings is a key area of system thinking, so the statement is true.
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The question is incomplete, the complete question will be :
Is the statement true or false?
Answer: The Native Americans
Explanation: Hope this help you! :)
B. Democratic Republican Party. This party was created in 1792 by Jefferson and James Madison to oppose the policies of the Federalist Party and instead supported a strict interpretation of the Constitution.