29201506 29201506
  • 01-03-2021
  • Social Studies
contestada

What happens when individuals or nations choose one thing over another

Respuesta :

901lysy2845
901lysy2845 901lysy2845
  • 01-03-2021

Answer: An opportunity cost is what economists call the thing sacrificed when we choose one thing over another. When we opt to buy a bicycle rather than the snowboard, the snowboard is the opportunity cost of our decision.

Explanation:

Answer Link

Otras preguntas

what unit is used to measure mass in the metric system
The ______ system senses changes in the internal and external environment so that the body can adapt to the changes.
What is the mix of sperm and fluids called?
Help Please ! Need help on finding the volume of two different shapes that are combined . thanks !
Which expression is equivalent to 3x/x+1 divided by x + 1?
Which of the following was not something that the leaders of Europe did at the Congress of Vienna to restore Europe to its pre-French Revolution status? A. T
Help. solve for t: c=6n-5m/11t and solve for n: 4n-3h/ 13=c Thank you.
A game is biased such that the choices A-J have the following probabilities of winning: A 5% B 10% C 15% D 5% E 5% F 25% G 10% H 10% I 10% J 5
Anyone need help with to kill a mockingbird questions?
The earliest forms of life on earth were photosynthetic. Please select the best answer from the choices provided T F