What is the basic premise of an opportunity cost? Question 1 options: When you buy something, you are foregoing all the other things you could have bought instead. People are more likely to spend their money when there are many opportunities to do so. When the demand for a product or service increases, the cost of that product or service also increases. A form of currency is needed to allow people in unrelated businesses to exchange services.

Answers

Answer 1

Answer:

When you buy something, you are foregoing all the other things you could have bought instead.  

Explanation:

Opportunity cost is an economic concept that refers to the cost of giving up certain factors as a result of choosing a specific factor. In a simpler way, we can say that this concept refers to a situation, where an individual must choose a factor for a certain objective to be achieved, but the choice of that factor forces the individual to give up other factors.

An example of this can be seen when a person has to choose between buying a new sofa and running out of money to change the garage floor, or changing the garage floor, but running out of money to buy the new sofa.


Related Questions

In a capitalist economy, many people invest their savings in businesses because

A. it is safer to invest than to put savings in a bank.

B.they are forced to put their money somewhere.

C. they hope to make a profit if the business succeeds.

D. they want to own many businesses

Answers

The answer is either a or c

Answer:

The answer is B. (They are forced to put their money somewhere.)

Explanation:

how was it possible for the genocide to successfully be carried out during WWII?

Answers

Answer:

Germany was ravaged after ww1, and with the treaty of versailles heavily limiting Germanys ability to rebuild, the german people needed a strong leader to get them back on their feet. Adolf hitler rose to power because of this, and people saw him as godlike because of it. The german people saw him as a savior of germany, and blindly followed his opinions and orders. Therefore, when he blamed the jews for germanys destruction after ww1, the german people turned on the jews and allowed the holocaust to happen.

Explanation:

What are three items from the Populist Party platform that eventually made their way into American life?
A) the direct election of senators
B) an eight-hour workday
C) getting rid of national banks
D) government control of telephones and railroads
E) a graduated income tax
F) an economy based on silver rather than a gold standard

Answers

-The direct election of senators
-an eight-hour workday
-a graduated income tax

Answer:

direct election

eight-hour work day

graduated income

Townships governments are increasing in duties and importance.
True
False

Answers

Answer:

False

Explanation:

Over time, township government generally has not increased importance in duties.

False because they work over time and governments increase it is False is the answer.

The idea of a German "Master Race"
was the orchestration of which of the
following individuals?
A. Wilhelm II
B. Paul von Hindenburg
C. Adolf Hitler

Answers

Answer:

C. Adolf Hitler

Explanation:

In 1792 the___ abolished the French monarchy and established a republic

Answers

During the French Revolution, the proclamation of the abolition of the monarchy was a proclamation by the National Convention of France announcing that it had abolished the French monarchy on September 21, 1792, giving birth to the French First Republic.

How did General Cornwallis surrender at
the Battle of Yorktown?
A. He waved a white flag out of the window of the house he
was hiding in
B. He sent one of his soldiers out of the house he was hiding in,
to give his sword to Washington
C. He went and gave his sword to Washington​

Answers

Answer:

B

Explanation:

Pleading illness, he did not attend the surrender ceremony, but his second-in-command, General Charles O'Hara, carried Cornwallis' sword to the American and French commanders. As the British and Hessian troops marched out to surrender, the British bands played the song “The World Turned Upside Down.”

−4y−4+(−3)? (I need this answer ASAP!)

Answers

That’s not a question.

Answer:

-1 • (4y + 7)  thats all i could solve for...

Explanation:

:) <3

Which of the following best describes the role of the Federal Deposit
Insurance Corporation today?
A. It helps unemployed Americans find jobs.
B. It provides financial aid to elderly Americans
C. It regulates risky investment behavior in the stock market.
D. It protects Americans in the event of bank failures.

Answers

Explanation:

It regulates the risky investment behaviour in the stock market.

Answer:

Explanation:

it protects Americans in the event of the bank.

Will mark Brainliest If correct!!

Which story element is used to bring players up to speed with events that occurred before the start of the game?

A. theme
B. plot
C. back story
D. setting

Answers

Answer:

back story

Explanation:

the back story fills in the readers on everything that led up to the current events happening hence the name "back" story.

I think it’s the back story

Choose the true statement.

•A dominating nation with extensive territories and a powerful ruler, such as Rome, is known as an empire.

•The republic was also known as a socialist government

•The Roman's first code of law was established around 200 B.C.

•The republic lasted over 1000 years.

Answers

the answer would be B

Adolf Hitler gained status in Germany
in the 1930s by doing which of the
following?
A. running for president of Germany
B. being named Commander-In-Chief of the German
Army
C. serving as Ambassador to the United States for
Germany
D. being chosen to replace Hindenburg in Germany

Answers

being chosen to replace Hindenburg in Germany

The absolute value function, f(x) = -|xl-3, is shown.
What is the range of the function?
all real numbers
all real numbers less than or equal to 0
all real numbers greater than or equal to -3
all real numbers less than or equal to -3

Answers

Answer:

All real number less than or equal to -3

Explanation:

Which term best describes the relationships between
neighboring Mayan city-states?
A nonexistent
B harmonious
C competitive
D commercial

Answers

Answer:

C

Explanation:

competitive

Answer:

c competitive

Explanation:

which states were admited to union while martin van buren was president??????

Answers

Answer:

Arkansas, having been admitted to the Union as the 25th state on June 15, 1836, voted for the Democratic candidate, Martin Van Buren, over Whig candidate Hugh White during its first presidential election. Van Buren won Arkansas by a margin of 28.16%.

HOPE IT HELPS :)

PLEASE MARK IT THE BRAINLIEST!

Answer:

Arkansas, having been admitted to the Union as the 25th state on June 15, 1836, voted for the Democratic candidate, Martin Van Buren, over Whig candidate Hugh White during its first presidential election. Van Buren won Arkansas by a margin of 28.16%.

Explanation:

What did William Henry Seward want to do?
O A. Dig a canal in Panama
O B. Sell polar bears
O C. Expand slavery
O D. Build canals in Alaska

Answers

The William Henry Seward want to build canals in Alaska. Thus, option D is correct.

Who was William Henry?

William Henry Harrison was an American military officer and politician, was elected as the ninth President of the United States in 1841, making him the oldest President ever elected.

On his 32nd day in office, he became the first president to die in office, having served the shortest tenure in US history. William Henry Harrison, an American military officer and politician, was elected as the ninth President of the United States in 1841, making him the oldest President ever elected.

Therefore, option D is correct, that the William Henry Seward want to build canals in Alaska.

Learn more about the William Henry, refer to:

brainly.com/question/26432700

#SPJ2

Answer: dig a canal in panama

Explanation: I just took the test

Two facts about city of Constantinople!!!


HELP!

Answers

Answer:

There was an Emporer called Justinian!

Hippodrome is a place for fun.

Which sentence best interprets this excerpt from Joseph Stalin's speech, Order of the Day, No. 55?
COMRADES, men of the Red Army and Red Navy, commanders and political workers, men and women guerillas!
The peoples of our country meet the twenty-fourth anniversary of the Red Army in the stern days of a patriotic war against fascist
despicably encroaching upon the life and freedom of our Motherland. Along the whole length of the huge front, which stretches fro
Sea, the men of the Red Army and Navy are waging a bitter fight to drive the German-fascist invaders from our country and safegua
of our Motherland.
This is not the first time that the Red Army has had to defend our native land against enemy attack. The Red Army was created twen
troops of the foreign interventionist invaders who were endeavouring to dismember our country and destroy her independence. Yo
Army, which entered war for the first time, routed the German invaders at Pskov and Narva on February 23, 1918. For this very reaso
proclaimed the day of the birth of the Red Army. Since then the Red Army grew and gained strength in the struggle with the foreign
successfully defended our country in the battles with the German invaders in 1918 and drove them beyond the confines of the Ukrai
successfully defended our country in the battles with the foreign troops of the Entente in 1919-1921 and drove them too beyond the
OA. Stalin wanted to close off the borders of the Soviet Union to protect his land from German invaders.
OB.
The Soviet Union must plan on ways to work with the German soldiers to defeat other countries.
C.
It is important for the Soviet Union to fight against the Germans to keep their independence.
2020 Edmentum All rights reserved

Answers

Answer:

It is important for the Soviet Union to fight against Germany to keep their independence

Explanation:

plato

The best interpretation of the speech by Joseph Stalin was that C. It is important for the Soviet Union to fight against the Germans to keep their independence.

Why did Stalin give the "Order of the Day, No. 55" speech?

When this speech was given, the Soviet Union was at war with the Germans and was losing badly.

Stalin therefore gave this speech to convince the Soviet people to keep fighting because losing to the Germans would mean a loss of independence.

Find out more on Joseph Stalin at https://brainly.com/question/903444.

#SPJ2

When England was loosening the reins
on the Colonies, who did they begin to
give more power to?
A. The Governors
B. The Colonists
C. The President​

Answers

B. The colonist

I don’t have an explanation but I think it is B.

When England was loosening the reins on the Colonies, it was the Governors who began to give more power to England. Hence, Option A is correct.

Who is a Governor?

The Governor is the person with the authority to be a leader in the administrative realm; he is the head of a polity or political region that reports to the head of state.

There are governor generals as well as heads of states' official representatives in some cases. The role that a governor plays, or the duties that a governor fully performs, is to serve as the chief executive officer in all those 50 states and five territories for which they have been popularly elected.

When there are statements, they are the ones who are responsible for implementing all kinds of state laws that pertain to the operations that are running.

Therefore, Option A is correct.

Learn more about Governor  from here:

https://brainly.com/question/16209628

#SPJ2

What is the study of the origin, organization, principles, and manner of operation of government called

Answers

Answer: Political science is the study of the orginization principles and manner of operation of government.

Answer:

Political science is the study of the orginization principles and manner of operation of government.

Explanation:

According to Jackson, who should be in charge of
government?

Answers

Answer: President Andrew Jackson believed that a man should not stay in power longer than four years.

Explanation:

Answer: C

Explanation: The people

Throughout much of Latin America, political power has traditionally been held by

A) poor city workers and labor union leaders
B) military leaders and owners of large estates
C) independent subsistence farmers and educated professionals
D) religious leaders and landless peasants

Answers

Answer:

It is B.)

Explanation:

political power came from the military leaders because of the military force they can use and owners of large estates were wealthy and usually prospered in there large estates with farm animals

(the explanation is my interpertation)

Emancipation societies wanted to do away with slavery because of their interest in slaves as:

Answers

Answer: Human beings

Answer: Human beings

Explanation:

How did Russia’s expansion differ from that of other European nations?

Answers

Russia expanded much more than other nations and in such a short amount of time they were able to expand

Please hurry. Thank you so much.

Answers

Glad you ask!!!

why was the battle of Gettysburg a turning point in the civil war?

The battle of the battle of Gettysburg a turning

point in the civil war because it lead two large group

into a big fight which made their plan fail. This also ended

the was so this solved all the problems.

Hope this helps :)

what is a possible legal consequence for people who violate the open housing act?
A. they can have a criminal charge brought against them
B. They can be jailed without due process of law
C. they can lose their right to own property
D. They can be denied the right to sell their property

Answers

Answer: A. They can have a criminal charge brought against them

Explanation: I got it right on pearson

They can have a criminal charge brought against them is a possible legal consequence for people who violate the open housing act. Thus, option A is correct.

What is the legal consequence?

Legal Consequences can be defined as or when a person violates some kind of law that has been made this person can intentionally violate the law or do not want to obey them.

If a person goes against the open Housing Act. As the act suggest that any person could buy a house irrespective of any kind of discrimination that is present.

Therefore if a person does not obey to an open Housing Act then they could face criminal charges and would need to go on for a trial and if found guilty then there will be a punishment as decided by the jury and the judge.

Therefore, option A is the correct option.

Learn more about Legal Consequences, here:

https://brainly.com/question/2682483

#SPJ6

behaviors never come back once they have been distinguished T or F?

Answers

It’s False because people change behaviors

How can you influence the future and make it safer for people of color in the United States. ?

Answers

Answer:yes

Explanation:talking and explaining to the younger generations (they are the ones that are going to make and act in the future) about the differences and about that non differences (because after all we all people) of people of color. If we talk about equal rights for everyone and if we start implementing those ideas, in the future it will make a change.

The first-known cities in Mesopotamia developed around _______.

Answers

Answer:

Uruk, was the first, showing up around 3200 B.C

Explanation:

In Urk, ancient Mesopotamia, dating back around 3200 B.C.

Why were the Jewish people the
ones who suffered the most during
the Holocaust?​

Answers

Answer: Germans spread a lot of propaganda on the Jews and enforcing stereotypes on them

Explanation:

Hope that helped!

Other Questions
Consider this animal cell. The organelles in an animal cell are labeled. Part D are stacked tubular structures. Which organelles are labeled D, and what is one feature that distinguishes them from the other labeled organelles? chloroplasts; the only organelles that produce sugars from sunlight ribosomes; only found in animal and bacterial cells centrioles; found in animal cells but not plant cells mitochondria; the only energy-generating structures found in cells Which of the following is an example of a quadratic equation?O A. y = 4x +6O B. x2 - 64 = 0O C. X+ 10 = 33O D. y=1/x2+6 For the general reaction aA + bB cC + DD, has the general rate law, rate k[A] [B].". What is thecorrect algebraic equation for determining the units of the rate constant, k, when concentration is in Mand time is in seconds.OMM'sk=k=MX+y.sM*+yOMa+bOM:sk=ksMX+yOMoSk=k=Ma+b.sMOM*+yk=S Which of these can be used to seehow climate has changed over time?ice corestree ringsboth of these The yield to maturity on 1-year zero-coupon bonds is currently 8.5%; the YTM on 2-year zeros is 9.5%. The Treasury plans to issue a 2-year maturity coupon bond, paying coupons once per year with a coupon rate of 12%. The face value of the bond is $100. a. At what price will the bond sell? (Do not round interme In your own words, give two reasons why it is important to keep your work area clean while completing a lab. What values of a, b, and c yield a true statement in the equation below?a= ?b=?c=? Which instrument would be used to measurethe mass of a small stone?I1. graduated cylinder2. Celsius thermometer3. triple-beam balance4. metric ruler If sinA = -4/5 and cosB = 12/13, where A and B are both in Quadrant IV, what is tan(A-B)? (she,her) and sarah are friends of mine Cron Corporation is planning to issue bonds with a face value of $700,000 and a coupon rate of 13 percent. The bonds mature in five years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Cron uses the effective-interest amortization method. Assume an annual market rate of interest of 12 percent. 1. What was the issue price on January 1 of this year ?2. What amount of interest expense should be recorded on June 30 and December 31 of this year?3. What amount of cash should be paid to investors June 30 and December 31 of this year?4. What is the book value of the bonds on June 30 and December 31 of this year? ASAP A ramp into a building forms an 8 angle with the ground. If the entry point of the ramp is 7 feet from the building, how many feet from the ground is the end of the ramp? Round the solution to the nearest hundredth. An airplane flies 40km directly south in 10 minutes and 20 km directly east in five minutes, its average speed is:a)2.98km/minb)2km/minc)8km/mind)4km/min A population has standard deviation =17.5. Required:a. How large a sample must be drawn so that a 99.9% confidence interval for will have a margin of error equal to 4.1. Round the critical value to no less than three decimal places. Round the sample size up to the nearest integer. A sample size of_________ is needed to be drawn in order to obtain a confidence interval with a margin of error equal to 4.1 .b. If the required confidence level were 95%, would the necessary sample size be larger or smaller? What is \redD{\text{A}}Astart color #e84d39, start text, A, end text, end color #e84d39 rounded to the nearest ten? What is \redD{\text{A}}Astart color #e84d39, start text, A, end text, end color #e84d39 rounded to the nearest hundred? Please help me answer this question. In laissez-faire economics should taxes be high or low? Why? Angel entered a triathlon (a three-part race). He swam 1 mile, rode his bike 30 miles, and ran 10 miles. How far did he go altogether? Analyze the rhyme scheme in these lines from Sonnet 18. But thy eternal summer shall not fade, Nor lose possession of that fair thou ow'st, Nor shall death brag thou wander'st in his shade, When in eternal lines to time thou grow'st, So long as men can breathe or eyes can see, So long lives this, and this gives life to thee. Which is the correct rhyme scheme? Please answer this correctly. I want genius,expert and ace people to answer this correctly as soon as possible as my work is due today