Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
Please mark brainliest.
A unified group of countries, the Communist bloc was located in central and Eastern Europe, East Asia and Southeast Asia under the hegemony of the URSS. This bloc was denominated as Eastern bloc. And encompassed countries such as Poland, Romania, Bulgaria, Hungary and several other European countries. This was a group that was led by the mighty Stalin of USSR.
Taking over the plans for Reconstruction.
