Answer:
People make choices about what to buy.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Hence, the opportunity cost of buying a product is the utility (satisfaction) that could be derived in another product using the same amount of money.
For example, if you decide to use your money to buy a Playstation 5, your opportunity cost would be the satisfaction you could have derived if you had invested the same amount of money in buying a bike for easy transportation.
Hence, opportunity costs exist when people make choices about what to buy.
Answer:
He angered the Senate by proposing that Rome divide public lands among the returning military and their families. He replaced the elected consuls and Senate with an empire inherited by members of the ruler's family.
Explanation:
The answer to the question presented above would be letter b. amount of dissolved gases. The increased pressure increases the body's amount of dissolved gases. This change to air pressure greatly affects the human body and these changes can happen when going into the depths of the ocean or when climbing mountain peaks.
Answer:
The system of extraction was a system in which the colonizer, or the ruling country, extracted resources from the colony. This, often, over decades of imperial rule, resulted in the colony being stripped of its resources. When they were decolonized, the loss of these precious resources often led to economic depression and unrest. Many examples of this can be seen in Africa, where European rulers ran the colonies as their own property, plundering the natural wealth such as diamonds, ivory, timber and bauxite.
Explanation:
Explanation:
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