What does Opportunity Cost mean? Provide an example from your life of an Opportunity Cost. 5 SENTENCES!

Answers

Answer 1

Answer:

Opportunity cost is the cost of foregone opportunities. It is the value of the next best alternative that must be given up in order to pursue a certain action. For example, if I choose to spend my weekend studying for an exam, the opportunity cost is the fun and leisure activities I could have done instead. In my life, an example of opportunity cost would be choosing to work overtime on a project instead of spending time with my family. This means the cost of not being able to spend quality time with my loved ones is the opportunity cost of working on the project.

Explanation:

BRAINLIEST PLEASE

Answer 2

Answer: Opportunity cost is a term in economics used to describe benefits that are lost when choosing one option over another. In short, it's a value of the road not taken. Opportunity costs are easy to overlook, but understanding missed opportunities is crucial to better decision making in business.

Explanation: Hope it helps :)


Related Questions

What is the first name of the singer in the interactive Vienna State Opera video?

Answers

Answer:

Giuseppe Verdi

Explanation:

I looked it up and I'm pretty sure it's this one.

Hope this helps

Which of the following does NOT belong tobthe group?
a. Family
b. Friendship
c. enemy
d. partnership​

Answers

Answer:

Enemy

Explanation:

that's the answer I sue you

Answer:

C

Explanation:

C because Enemy's are not a good thing at all and it's

Physical Geography includes the study of which of the following things?​

Answers

Answer:

Every major advance in agriculture has allowed global population to increase. Early farmers could settle down to a steady food supply. Irrigation, the ability to clear large swaths of land for farming efficiently, and the development of farm machines powered by fossil fuels allowed people to grow more food and transport it to where it was needed.

Answer:

Physical geography is the study of Earth's seasons, climate, atmosphere, soil, streams, landforms, and oceans.

Explanation:

Iraq, Syria, Egypt, and Turkey are all countries that __________ between 1919 and 1927. A. dominated the Middle East B. developed democratic government systems C. fought against European countries for independence D. adapted Western business strategies to become competitive in world trade Please select the best answer from the choices provided A B C D

Answers

The correct answer is C) fought against European countries for independence.

Iraq, Syria, Egypt, and Turkey are all countries that fought against European countries for independence between 1919 and 1927.

These countries fought for their independence against European superpowers that had colonized them for so long, Although these countries started their independence movements or wars in the above-mentioned time, they really got their independence years later. Let's see.

Iraq got its independence from the British on October 3, 1932. Syria got its independence from France on April 17, 1946. Egypt got its independence from Great Britain on June 18, 1953. In the case of Turkey, it got its independence from the Ottoman Empire on October 29, 1923.

Answer:

 C) fought against European countries for independence.

Explanation:

Why was lord of the flies filmed in black and white

Answers

budgetary constraints

6. What role did trade play in the development of East African Kingdoms?

Answers

Answer:

Axum exported ivory, incense, and enslaved people. It imported cloth, metal goods, and olive oil. Axum fought Kush for control of trade routes to inland Africa.

Explanation:

Answer:

This trade helped strengthen city-states. In west African civilizations like Ghana and Mali, a major trade route was the gold-salt trade route. Ghana had a surplus of gold, and Mali had a surplus of salt.

NEED HELP ASAP ON TIMED TEST

Civil war ______________. a. is one consequence of Belgium leaving the Congo c. finally ended in the 1950’s b. has not been a problem in Central Africa d. none of the above

Answers

Answer:

A: Is one consequence of Belgium leaving the Congo

Explanation:

Which amendment would deal with the government paying money to a land owner for their land?​

Answers

Answer:

till, the Fifth Amendment of the U.S. Constitution also requires the government to pay " just compensation " for any property it seizes under eminent domain. This means that instead of fighting the sale, property owners are better off putting their energy and resources toward getting a fair price.

4. Despite its lack of arable land versus its enormous size, how are Brazilians able to farm efficiently?

Answers

Answer:

you are going to brazil

Explanation:

The table shows how water in the US was used in 2010. Which statement accurately summarizes the data?

More water was used to farm aquatic organisms than to make products.
More water was used to make products than to produce electricity.
More water was used to produce electricity than to grow crops.
More water was used to grow crops than to mine land resources.

Answers

the answer is option c more water was used to produce electricity than to grow crops

The statement that summarizes the data on the Water consumption in 2010 is that more water was used to produce electricity than to grow crops.

What is the water consumption table?

This table shows how much water are consumed in every sector of the economy.

The table illustrates that more water was used to produce electricity than to grow crops because hydroelectricity requires vast amount of water for dam.

Therefore, the Option C is correct.

#SPJ5

Read more about water consumption table

brainly.com/question/11640384

pls help!!! what does theravada mean?​

Answers

Answer:

Theravāda is the oldest surviving branch of Buddhism it means  the 'doctrine of the elders'

Explanation:

Answer:

The name means 'the doctrine of the elders' - the elders being the senior Buddhist monks. ... This school of Buddhism believes that it has remained closest to the original teachings of the Buddha.

How did this invention contribute to the expansion of the plantation system?

Answers

Answer:

By reducing the number of slaves needed for growing cotton

Explanation:

Answer:

Eli Whitney's cotton gin changed the south by, triggering vast westward movement, made it so planter grew more cotton, and the cotton exports expanded.

Explanation:

Hope this help

Which amendment would deal with former president Trump's permanent ban from twitter?​

Answers

First amendment - specifically free speech. Although Twitter does not violate the amendment because it is a private entity.
First amendment- freedom of speech

Which amendment entitles a perosn to an attorney in court?


PLEASE ANSWER, FIRST PERSON WHO ANSWER GET BRAINLIST​

Answers

Answer:

The 6th amendment

Explanation:

The Sixth Amendment guarantees the rights of criminal defendants.

Which amendment deals with finding witnesses to testify on your behalf in court? ​

Answers

Answer: The Sixth Amendment provides that a person accused of a crime has the right to confront a witness against him or her in a criminal action.

Explanation:

Brainliest please if possible

What new states were admitted between 1791 and 1821?
In 1820, more than twelve times as many people lived in Ohio as had lived there in 1800. What is one reason the population of Ohio might have grown so much
during that time period?
Why would people prefer to settle with others from their original homes?
What were common social events for western families?
What do you think was the most difficult part of moving west for the settlers? Explain your reasoning.

Answers

Answer:

Louisiana, Indiana, Vermont, Kentucky, Tennessee, Ohio

Explanation:

Answer:

1. Kentucky, Tennessee, Ohio, Indiana, Illinois, Mississippi, Alabama, and Missouri.

2. The reason for Ohio population grew that time was because the state disallowed slavery, it was also open to trade. It became an industrial state and also became an area for Native Americans to live.

3. it Creates a sense of security and comfort. In the case of the US, original colonies were set up in the likeness of European cities and countries. The Spanish and French set up colonies reflecting the power of the Catholic Church and the culture found in their home countries

4. Men took part in sports such as wrestling. Women met for quilting and sewing parties. Both men and women took part in cornhuskings. These were gatherings where farm families shared the work of stripping the outer layers from corn.

5. I thing the most difficult part of moving west for the settlers is leaving their family and their partner.

explanation:

I think this because they have an emotional attachment to there family and partner... therefore making it harder for them to leave.

notes: hoped this helped ^-^

If you have 10 boxes to be lifted to a platform, the same amount of work is done whether 5 men or 1 person does the work. True False

Answers

The answer will be True my friend.

what are resources? ​

Answers

Answer:

A resource is a source or supply from which a benefit is produced and that has some utility. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.

What he said is the right answer





:)

what activities has transparency international been doing​

Answers

Answer:

Transparency International is the global civil society organization leading the fight against corruption. It brings people together in a powerful worldwide coalition to end the devastating impact of corruption on men, women and children around the world.

Explanation:

hope this helps I'd be happy to know if I made someone happy today. Answering questions and not knowing if people are really happy sucks.

Answer:

Transparency International is the global civil society organization leading the fight against corruption. It brings people together in a powerful worldwide coalition to end the devastating impact of corruption on men, women and children around the world.

Explanation:

Soo Yeah I guess tts self explanatory

All to the smarty people plz help me ;-;

Answers

Answer:

Explanation:

Revolve - Spin

Thought - Idea

They got a serious problem can you help them solve it?

I'm happy to see you've cleaned up your mess Kenny.

Trans - Por - Ta  - TIon

Answer:

1-- spin/turn/twist

2-thoughts- ideas, think, imagine

3-can you help them, they have a SERIOUS problem!

4-I'm happy to see you cleaned up your mess, Kenny.

5-transport/deliver

Explanation:


brainliest quick help

Answers

Answer:

The answer is radiation.

Explanation:

all objects with a temperature emit some form of radiation, and the infrared emission to space results from contributions by the planetary surface and atmosphere.

~Hoped this helped~

it by collective sentiment?
? Why is Nepal called multi-lingual and multi-ethnic country?​

Answers

Explanation:

Nepal is a multi religious, multi lingual, multi racial and multi cultural country.

Nepal is multi religious because we have multiple religions being practiced inside Nepal. Vast majority of Nepalis are hindus, nearly 80%, then there are Buddhists, around 5 % are Muslims, 1.5% Christians and several other religions native to different groups like kirat religion.

Nepal is multi lingual because a lot of languages are spoken in Nepal. Nepali is lingua franca or language of communication or official language of Nepal yes but there are many other languages as well, more than 100 in fact, most prominently maithli, newar, bhojpuri, tharu and others.

About race, biologically Nepalis are only one race which is human race but there can be different races according to looks of people, it's basically a social construct and it's mainly divided into caucasoid, mongoloid and negroid. Majority of Nepalis are caucasoid but there are also mongoloids esp janajatis.

Nepal is also multi cultural because we are also multi ethnic country and this rich diversity in culture is something we should be very proud of. You have various ethnic groups with their different cultures, various festivals. These are ethnic or caste groups in Nepal.

So, we Nepalis should be proud of our diversity and while sometimes it may create problems like how to accomodate them all and make them feel we all are Nepalis first regardless of ethnicity or religion or race or language, it's still a great asset.

As there is 125 castes of people living in harmony & altogether 10 religions are followed in Nepal (i.e Hinduism, Buddhism, Christianity, Islam, Kirat,Shikhism,Jainism, Bahai,Bon,Parkiti,etc)…..

They observe various festivals and practices according to their religion & their community. There are many community followed by Nepalese people such as Newar, Tamang,Bhote,Tharu,etc. Our country is very rich in culture & traditions which has certain belief & values. Different languages, caste & religion has created a rich & unique national culture. In spite of this there is unity in Nepal & Nepalese people have the same feeling of loving the nation..

Answer:

I hope it helped u

stay safe stay happy

The Greek word psalmoi referred to " _____ to the accompaniment of stringed instruments."
A. Songs sung
B. Dances
C. Listening

Answers

Answer:

A. Songs Sung

Explanation:

Answer:

i'm pretty sure its songs sung....

Men in Athens gathered in the Agora in the morning to..

Make plans for they day

Tell their slaves to get McDonalds

Meet their wives and get supplies

Discuss politics, philosophy, or events

Answers

Answer: discuss politics, philosophy, or events

Explanation:

Why does Latin America experience large-scale drug trafficking?

A. Latin America has a history of using slave labor to grow crops.
B. There is significant government corruption and powerful drug cartels.
C. Demand for drugs from within Latin America increases the production.
D. The governments of Latin America rely on the revenues generated from the trafficking.

Answers

IM SORRY, BUT WHAT KIND OF QUESTION IS THAT , the answer is B.

What benefits can we get from being aware of social, political, and cultural events within society?

Answers

Explanation:

Society is defined as the integration of individuals with common goals and values, in order to establish a correlation between relating in a positive way where the rights and values of each individual are preserved and the quality of life is increased.

Therefore, it is necessary for each individual to be aware of their rights and duties in a society, always seeking to behave ethically in the social, political and cultural issues that involve society, and thus contributing to the well-being and collective development. Critical thinking and ethics are essential for society to be equal for all citizens.

here
which answer thx :)

Answers

Answer:

I believe is the one that says he was the first black person to vote in us So the 3rd option

Explanation:

Thomas Mundy Peterson was the first black man in the U.S to vote not Banneker

evergreen forest is found in the equatorial region.why?​

Answers

Answer:

Tropical evergreen forests are usually found in areas receiving more than 234 cm of rainfall and having a monthly mean temperature of 20 °C or higher in the coldest months. They occupy about seven percent of the Earth's surface and harbour more than half of the planet's terrestrial plants and animals. Tropical evergreen forests are dense, multi-layered, and harbour many types of plants and animals. These forests are found in the areas receiving heavy rainfall (more than 200 cm annual rainfall). They are very dense. Even the sunlight does not reach the ground. Numerous species of trees are found in these forests. Different types of trees shed their leaves at different times of the year. Therefore, these forests always appear green and are known as evergreen forests. These forests are found in the Andaman and Nicobar Islands, along with the slopes of the Western Ghats and parts of Northeastern states of Assam, West Bengal and Odisha. These areas experience hot and humid climate with the short dry season. The important trees of these forests are rosewood, ebony and mahogany.

Equatorial evergreen forest is considered to be impenetrable because it does not allow sunlight to reach ground. Tropical evergreen forests are dense, multi-layered, and harbour many types of plants and animals.

Why did the French build Fort Rosalie?
O to protect French settlers from raids by American Indians
O to stop Spanish raids on French trading posts
O to block British attempts to seize the Louisiana Territory
O to help the Catholic Church spread Christianity

Answers

Explanation:

it's for protect Américan Indians (1)

Answer: A to protect French settlers from raids by American Indians. Explanation:you don’t need an explanation:)

"What were Columbus's beliefs about the native people of the islands and how did this affect his treatment of them? Cite text evidence."

Answers

Hello. You did not show the text to which this question refers, which makes it difficult for it to be answered with the textual evidence you want. However, I will help you in the best possible way.

If we research Colombus' relationship with the native peoples he met, we will come to the conclusion that he realized that these peoples would be perfect to be used as labor for the purposes of the Spanish crown in the Americas. For this reason, he did not wish to exterminate these peoples, but used them for the work that was being planned. He also found these people very naive and generous, in a way. However, he saw them as pagans, who were to be converted to Christianity.

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