Answer:
e. The opportunity cost of going to the movies is being better prepared for the exam
Explanation:
In Economics, 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 a choice is the benefits that could be derived from another choice using the same amount of resources.
In this scenario, an individual's next best alternative to going to the movies is studying for a calculus exam. Therefore, the opportunity cost of going to the movies (alternative forgone) is being better prepared for the exam.
Answer:
The Articles of the Confederation created a decentralized political union in which the powers of the Continental Congress were severely limited, and the rights of the states, on the contrary, were expanded. In the era of the War of Independence, the United States began to create foreign affairs agencies, but real powers were concentrated in the hands of individual politicians and American envoys to Europe. The period of the American Revolution and the post-war period were also characterized by the development of the concept of neutrality and the principles of public diplomacy, which have become part of the United States foreign policy doctrine for more than a century.
According to the Articles, the Confederation resolved issues of war and peace, diplomacy, Western territories, money circulation and state loans, while the remaining issues were given to the consideration of the states. It soon became apparent that the powers of the Confederate government were very limited and this weakened the unity of the new state.
It was still a weak and ineffective government - that was what the Articles meant. Congress did not have the ability to control trade. It concluded treaties with foreign powers, but could not force the states to execute them.
Explanation:
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Explanation:
Lincoln hoped to heal the nation by readmitting the Confederate States with out harsh penalties.