Opportunity cost refers to a particular thing that is given up in order to acquire another thing. Choices have to be made and something has to be given up because resources are scarce. In the question given above, Gretchen gave up buying two jeans, she bought one instead so that she can buy a guitar amplifier. The jeans, which should have cost $50 that she gave up and did not buy is the opportunity cost in this case.
Answer:
a. determine a reasonable price.
Explanation:
<u>When the contract does not agree on the price between the parties, in cases of the lawsuit like the one in the example, the court determines a "reasonable price at the time for delivery". </u>
The predominant factors surrounding the case are used to determine what this price would be and what is considered reasonable for both parties. It should be determined according to the commercial standards and the norms of fair trade.
Answer:
the dropping of the atomic bombs was not the right decision because it ws jusitflied at the time as being moral in order to bring more victory and prevent the deaths of americans. but however research shows that it was clearly not moral to use this weapon knowing that it would kill civilians and destroy urban milieu
Explanation:
Answer:
The answer is uniformitarianism.
Explanation:
Uniformitarianism is the belief that natural laws have been the same at any time and place over the universe. For this reason, the understanding of present phenomena can be used to analyse past events, and even predict future outcomes.
Answer:
Scientific discoveries challenged long-held ideas. The discovery of penicillin lead to development of antibiodics to treat infection.
Explanation:
