Which best describes an opportunity cost?

Answers

Answer 1
Aren't you just the little go-getter, trying to improve yourself? Opportunity cost is the value of the next best option that you didn't choose. For example, if you choose to spend $20 on a movie ticket, the opportunity cost is the value of the dinner you could have had instead.

See, wasn't that easy to understand? Maybe you're not as hopeless as I thought you were.
Answer 2

Answer:

Opportunity cost is the value of what you lose when you choose from two or more alternatives. It’s a core concept for both investing and life in general. When you invest, opportunity cost can be defined as the amount of money you might not earn by purchasing one asset instead of another.


Related Questions

What advantage did the North gain during the Civil War? maintaining a larger area for retreating and avoiding the enemy O fighting in a familiar climate O splitting the South into two regions feeling support from the local population​

Answers

A civil war in the United States, the American Civil War. The Union and the Confederacy, the latter of which was made up of seceding states, engaged in combat.  The war between organized parties within the same state (or country) is known as an intrastate conflict or civil war. One side's objective may be to seize power in the nation or a specific area, secure regional independence, or alter governmental practices.

The Latin word bellum civile, which means "war of or pertaining to civilians," is where the term "civil war" originates. It was initially used to refer to the Roman civil conflicts of the first century BCE.

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Which is true about the dust bowl?
A. White blizzards were severe dust storms that buried farm houses in drifts.
B. The gigantic the storms lasted for 5 months in 1930.
C. Very little rain caused to severe drought and farmlands of the Great plains.
D. Farmers migrated to the rich farm winds of Oregon and Washington.

Answers

Very little rain caused to severe drought and farmlands of the Great plains is true about the dust bowl. The correct option is c.

In the 1930s, severe dust storms brought about by dry weather led to crop failure in the Southern region of the country.This alludes to the time of dry season in the US during the 1930s that prompted extreme dry spell. The correct option is c.

As a result, we can see that the Dust Bowl was extremely severe to the point where high winds and a lot of dust choked Nebraska to Texas.The Residue Bowl was a time of serious residue storms that enormously harmed the biology and farming of the American and Canadian grasslands during the 1930s. The phenomenon was brought on by a mix of natural and man-made factors.

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Summarize the economic, cultural, social, and political conditions that affected Americans during the 1960s

Answers

The 1960s in America were marked by sustained economic growth, cultural upheaval, civil rights activism, and political unrest, leading to significant changes in American society.

The 1960s was a decade of significant change in the United States, with major developments in economics, culture, social attitudes, and politics. Economically, the US experienced sustained economic growth, with the expansion of industries and increased consumer spending.

However, the benefits of this growth were not shared equally, with poverty and economic inequality persisting.

Culturally, the 1960s were marked by a significant shift away from traditional values, with the rise of the counterculture and the rejection of societal norms.

This was reflected in music, fashion, and art, and fueled by the widespread use of drugs like LSD and marijuana.

Socially, the 1960s were marked by civil rights activism and a growing demand for equality and social justice. The civil rights movement led to landmark legislation, including the Civil Rights Act of 1964 and the Voting Rights Act of 1965.

The feminist movement also gained momentum, with the publication of Betty Friedan's "The Feminine Mystique" and the rise of women's liberation.

Politically, the 1960s were marked by significant upheaval, including the Vietnam War, the assassinations of President John F. Kennedy and civil rights leader Martin Luther King Jr., and widespread protests and unrest.

The anti-war movement and the Black Power movement gained momentum, and the youth-led counterculture challenged traditional political structures.

Overall, the 1960s were a time of significant change in the United States, marked by economic growth, cultural upheaval, social activism, and political unrest. These developments continue to shape American society today.

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who are the beneficiaries of racism of both south Africa and Germany

Answers

In South Africa during the era of apartheid, white South Africans were the beneficiaries of institutionalized racism. Similarly, in Nazi Germany, the Aryan race was held up as superior to all others.

The apartheid system in South  Africa was designed to maintain white supremacy and protect the interests of the white minority. In Nazi Germany the Jews, Roma people, homosexuals, and other groups were targeted for persecution, discrimination, and ultimately, genocide.

The racism harms not only its direct targets but also society as a whole. It perpetuates inequality and division, undermines social cohesion.

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WILL GIVE BRAINLIEST!!!


Use the excerpt from Reagan's speech on support for the Contras to answer
the question.
Using Reagan's speech on the Contras, answer (a), (b), and (c).
a. In 1-2 sentences, explain the primary purpose of this speech.
b. In 2-3 sentences, describe the measures Congress had taken in response
to the above.
c. In 1-2 sentences, identify the ultimate actions taken by the Reagan
administration in response to the issues presented.

Answers

The fundamental goal of the speech is to defend the citizens of the country and to assist in protecting the lives of neighbors so that they can live in peace and democracy.

In his speech, he made it quite clear that the government, not just the country as a whole, was a component of the current financial disaster. By delineating and controlling authority.

Reagan made clear his fundamental reason in the speech: "The Founding Fathers realized a government can't manage its finances without controlling people. They also understood that a government must employ force and coercion to accomplish its goals when it sets out to do anything.

Therefore, the primary purpose of the speech is to protect the people of the country and help enough to protect the life of neighbors so they may live in peace and democracy.

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This is an incomplete question the complete question is:

Excerpt from Ronald Reagan’s Speech on Supporting the Contras, 1984

Central America is a region of great importance to the United States. And it is so close: San Salvador is closer to Houston, Texas, than Houston is to Washington, DC. Central America is America. It's at our doorstep, and it's become the stage for a bold attempt by the Soviet Union, Cuba, and Nicaragua to install communism by force throughout the hemisphere. . . .

Right now in El Salvador, Cuban-supported aggression has forced more than 400,000 men, women, and children to flee their homes. And in all of Central America, more than 800,000 have fled—many, if not most, living in unbelievable hardship. Concerns about the prospect of hundreds of thousands of refugees fleeing Communist oppression to seek entry into our country are well-founded.

What we see in El Salvador is an attempt to destabilize the entire region and eventually move chaos and anarchy toward the American border. . . .

Use the excerpt from Reagan's speech on support for the Contras to answer

the question.

Using Reagan's speech on the Contras, answer (a), (b), and (c).

a. In 1-2 sentences, explain the primary purpose of this speech.

b. In 2-3 sentences, describe the measures Congress had taken in response

to the above.

c. In 1-2 sentences, identify the ultimate actions taken by the Reagan

administration in response to the issues presented.

which development most contributed to the growth of the industry featured in the illustration? A. The urban flight to rural communities B. the relocation of american indians to western lands C. the election of andrew jackson D. the standardization of time zones

Answers

The correct answer to the given question is option D: The standardization of time zones.

Standardization of time zones most contributed to the growth of the industry featured in the illustration. The time zones played a vital role in the transportation and communication industry in the 19th century. With the growth of the transportation industry and the spread of railroads, the need for a standardized time system arose. Before the standardization of time zones, each city in the United States set its own time based on the position of the sun.

The confusion and inefficiency caused by this system prompted the need for standardization, which would bring uniformity to the transportation industry. Hence, On November 18, 1883, the American Railway Association (ARA) introduced a standard time system to the United States and Canada.The ARA divided the United States into four time zones: Eastern, Central, Mountain, and Pacific. Each time zone was one hour apart, and the standardization of time made it easier for transportation companies to schedule trains and streamline operations. Moreover, it also helped the communication industry to synchronize times and improved efficiency.

In conclusion, the standardization of time zones most contributed to the growth of the transportation industry featured in the illustration. It played a vital role in the transportation and communication industry, which became the backbone of America’s economy during the 19th century. Therefore the correct option is D

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What are some problems happening in the south after the 14th ammendment
select all that apply

a laws passed like poll taxes and literacy tests

b laws passed precenting black people from marrying white people

c laws passed fining, imprisoning, or punishing black people for not having a job (forcing them to work on plantations)

d laws passed to segregate communities and keep black people from living in certain places​

Answers

The problems happening in the South after the 14th Amendment are:

a) Laws passed like poll taxes and literacy tests.

d) Laws passed to segregate communities and keep black people from living in certain places.

After the ratification of the 14th Amendment in the United States, several problems persisted in the South, particularly regarding racial discrimination and segregation. One significant issue was the enactment of laws aimed at suppressing the political power of African Americans. Poll taxes and literacy tests were implemented to disenfranchise black citizens, making it difficult for them to exercise their right to vote.Additionally, laws were passed to enforce racial segregation and keep black people from living in certain areas. These laws, known as Jim Crow laws, mandated separate facilities and public spaces for white and black individuals, further perpetuating racial inequality and discrimination.While the 14th Amendment aimed to secure equal protection under the law for all citizens, these discriminatory practices undermined its intent and perpetuated racial oppression. It took several decades of civil rights movements and legal challenges to dismantle these discriminatory laws and advance towards greater equality and integration in the United States.

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