Which phrase best defines the term ""opportunity cost""? what a country produces when it specializes in a good or service what a country gives up when it chooses to produce a good or service what a country gains when it chooses to produce a good or service what a country invests in a particular good or service

Answers

Answer 1

The cost or price of the next best alternative accessible to a business, firm, or investor is referred to as the opportunity cost.

Importance of opportunity cost?

In the realm of business and finance, the concept of Opportunity Cost is critical. It discusses the reasoning behind economic decisions made or chosen in comparison to other alternative options.

One critical consideration is the presence and availability of a viable "option" to the decision-maker. There is no Opportunity Cost if no option is available. Furthermore, the accessible options should be economically valuable. The excluded choice could be a product or a service.

Thus Option 2 is the correct option regarding Opportunity cost.

For more information about Opportunity, costs refer to the link:

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Answer 2

Answer:

b) what a country gives up when it chooses to produce a good or service


Related Questions

Indonesia is planning to move its capital from Jakarta to the island of Borneo in the hope that the burden of congestion, regular flooding and sinking will be reduced.

Discuss the issues that need to be considered in terms of Ethical; Environmental; Legal and Cultural for both the inhabitants of Jakarta and the Island of Borneo.

This is an essay question I have very little time to complete. First decent answer gets crown.

Answers

Answer:

Indonesia's capital has just been relocated from Jakarta to a site within the jungle of Kalimantan on Borneo island after parliament approved the bill. It will strengthen supply chains and place Indonesia "in a more strategic position in world trade routes, investment flows, and technological innovation."

Explanation:

mark as brainiest

Answer:

Explanation:

The biggest reason is environmental - Jakarta is over-crowded and heavily polluted. By building in a new capital with proper planning, it will have the infrastructure to support the large population. There will be less crowding and living conditions of the poor will improve. Mass transit projects such as train will also reduce pollution. The legal issues will be settled by the President and the lawmakers as they both support the move.

Before he invented the plow, John Deere was a...

Answers

Explanation:

John Deere invented the steel plow in 1837 when the Middle-West was being settled. The soil was different than that of the East and wood plows kept breaking. Where was it created or discovered ? He invented it in Grand Detour, Illinois where he had settled.

Answer:

Blacksmith

Explanation:

Which internal struggle, a dialectic within a relationship, embodies the conflicting desires for integration and separation?.

Answers

Connection-autonomy serves as internal struggle, a dialectic within a relationship, embodies the conflicting desires for integration.

What is Autonomy and connectedness?

Autonomy and connectedness can be regarded as the desire to have ties and connections with others.

This quite different from the need to separate oneself as a unique individual.

Learn more about Autonomy at:

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City A is located on 68° E and 27°N and local time in this city is 3:40 PM, While City B is located on 97° E and 28° N. So what is the time in City B ?​

Answers

The time will be 3:40 only because only one point of time is taken all over a country (for example in India standard meridian is taken as the time all over India)

lines joining places with equal temperature are called what

Answers

Answer: I believe they are called "Isotherms"

I hope this helps

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Isotherms
Lines joining places with equal temperature are called “isotherms”

sidebar interaction. Press tab to begin. Our greatest source of knowledge about Earth's interior comes from ________.

Answers

The best source of information that we have of the Earth's interior is acquired from Seismic Waves.

What are seismic waves?

These are waves that originate from the Earth's interior and travel across an area when they is an earthquake.

Studying these waves with the use of seismograhs and other specialized equipment, have enabled scientists to understand more of the Earth's interior.

Find out more on seismic waves at https://brainly.com/question/6835759.

What former soviet republics are located west of russia.

Answers

Estonia Latvia Lithuania Ukraine Belarus and Moldova

why drainage Density change during the year​

Answers

Could be the climate or vegetation?

Answer:

climate

Explanation:

because the weather change to much the t can be hot or cold

but not sure about this answer

Why did so many of the original Jamestown colonists die within the first year of its settlement?

Answers

The main cause of death was starvation and disease.

Most colonists weren't farmers and didn't know how to use the land. And some were killed by foreign diseases.

Plus add on the fact that native tribes weren't so happy with them, and declared war.

What quadrant is the USA located in?

Answers

Answer:

northwest i believe

The correct answer is northwest

Hope this helped

Pangea and Gondwanaland were large landmasses that were made of multiple continents. What were
Pangea and Gondwanaland?

A. fossils

B. supercontinents

C. minor continents

D. large continents

Answers

Answer:

B

Explanation:

What is the area of ​​fish in Cambodia?​

Answers

The country is comprised of 97.5 percent land and 2.5 percent water, with a total area of 181,035 km2. The country's 440-kilometer coastline is covered with mangrove vegetation.

I hope this helps.

Stay Safe <3

Pieces of the earth's crust and uppermost mantle that rest on top of a viscous of the earths?​

Answers

Answer

That would be the tectonic plates.

Prussia practiced religious tolerance, what does this mean?A) not caring about what religion someone chose to believe inB) they didn’t like other religions but they allowed others practice them at certain timesC) they tolerated all the religions just not in their countries

Answers

Answer:

A

Explanation:

they didn't care about what religion someone chooses to believe in

Mont blanc, the matterhorn, and the jungfrau are all part of which mountain range?.

Answers

Answer:

The Alps

Explanation:

Mont Blanc, the Matterhorn, and the Jungfrau are all part of the Alps.

I hope this helps!

A change in weather is likely coming if a barometer shows a change in __________.

Answers

Answer:

atmospheric pressure.

In a watershed experiment, runoff mixes with food coloring and stains the water at the bottom. What does the stained water represent?

Answers

Based on the watershed experiment, the stained water represents the residue of the food coloring.

What is Residue?

This refers to the remainder of a mixture after it has been taken, separated, or designated in the process of a reaction.

Hence, we can note that when a watershed experiment is made and the runoff mixes with food coloring and stains the water at the bottom, this stained water represents the residue

Read more about residue here:
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describe in brief the relation between water and human beings.

Answers

Explanation:

"I'm dying of thirst!"

Well, you just might. It sounds so simple. H2O - two parts hydrogen and one part oxygen. This substance also known as water, is one of the most essential elements to health and is so important that your body actually has a specific drought management system in place to prevent dehydration and ensure your survival. Water might be everywhere, but one must never take it for granted.

Water makes up more than two thirds of human body weight, and without water, we would die in a few days. The human brain is made up of 95% water, blood is 82% and lungs 90%. A mere 2% drop in our body's water supply can trigger signs of dehydration: fuzzy short-term memory, trouble with basic math, and difficulty focusing on smaller print, such as a computer screen. (Are you having trouble reading this? Drink up!) Mild dehydration is also one of the most common causes of daytime fatigue. An estimated 75% of Americans have mild, chronic dehydration. Pretty scary statistic for a developed country where water is readily available through the tap or bottle water.

Dad and sonWater is important to the mechanics of the human body. The body cannot work without it, just as a car cannot run without gas and oil, or EV without electricity. In fact, all the cell and organ functions that make up our entire anatomy and physiology depend on water for their functioning.

Water serves as a lubricant to your body

Water serves as a lubricant in digestion and almost all other body processes. The water in our saliva helps facilitate chewing and swallowing, ensuring that food will slide easily down the esophagus. Water also lubricates our joints and cartilages and allows them to (pardon the pun) move more fluidly. When dehydrated, the body rations water away from the joints. Less lubrication equals greater friction and that can cause joint, knee and back pain potentially leading to injuries and arthritis. Even our eyeballs need plenty of lubrication to work well and remain healthy.

Water regulates your body temperature

Our bodies can control over-heating through perspiration from sweat glands in the skin and from evaporation which produces a cooling effect. Blood is also routed into areas close to the surface of the skin where it can be cooled and then carried back to the interior of the body. Conversing in a cold environment, the skin maintains proper body temperature by shunting the blood away from the exterior surface thereby conserving heat within the body. The movement of water within our cellular systems also transports vital blood plasma which is 92% made of water. Blood plasma play a critical role in buffering the body’s pH, circulating antibodies from the immune system, and regulating osmotic balance which all helps to maintain proper body temperature. Moreover, dehydration limits cardiovascular and thermoregulatory responses. This could lead to an increase of core temperature.

water is a very important thing. without water ,the human nothing can be done.
water is the life of human

10. A __________
economy is one that is part command and part market economy.

Answers

Answer: Mixed

A mixed economy has features of both command and free market economies. For example, the United States allows free markets to happen such as the stock market, but there are regulations in place to make sure things don't get out of hand.

A purely command economy would have the government setting prices, determining how much of a product to make, etc. An example of this would be the USSR (Soviet Russia).

A purely free market economy would have no government input and it would be solely up to the market, ie people in the marketplace, to determine prices and things like that.

Answer:

it's a mixed economy

Explanation:

A mixed economic system has features of both a command and a free-market system. because it is partly controlled by the government and partly based on the forces of supply and demand

Issouf claims that the scale factor is one-half. which statement about his claim is correct? line segments a prime b prime and a b. the distance from the center of dilation c to a prime is 2. the distance from a prime to a is 4. he is correct because cb is 4 and c’b’ is 2. the scale factor is startfraction c prime b prime over c b endfraction = startfraction 2 over 4 endfraction = one-half. he is correct because he needs to subtract 2 from each side. a reduction has a scale factor that is a fraction, so it must be one-half. he is incorrect because it is 3. cb is actually 2 4 or 6. so one needs to multiply the pre-image length by 3 to get the image; 3 is the scale factor. he is incorrect because the scale factor is one-third. cb is actually 2 4 = 6. cb is the pre-image, so the scale factor is startfraction c prime b prime over c b endfraction = startfraction 2 over 6 endfraction = one-third.

Answers

The scale factor of dilation is 1/3 but Issouf claims that the scale factor is 1/2. His claim is incorrect because the scale factor is one-third. Option D is correct.

What is scale factor?

Scale factor is the factor which is used to enlarge or smaller the original figure.

Scale factor is the ratio of representation measurement of the figure to the original figures.

Issouf claims that the scale factor is one-half. It can be written as,

[tex]k=\dfrac{1}{2}[/tex]

The figure for the given problem is attached below for line segments A'B' and AB.  In this figure the distance from the center of dilation c to A' is 2. The distance from A' to A is 4.

The distance from CB' after the dilation is 2 as shown in figure.

[tex]CB'=2[/tex]

The length of the CB is,

[tex]CB=CB'+B'B\\CB=2+4\\CB=6[/tex]

Original length is 6 units and dilated length is 2 units long. Thus, the scale factor of dilation is,

[tex]k=\dfrac{2}{6}\\k=\dfrac{1}{3}[/tex]

The scale factor of dilation is 1/3 but Issouf claims that the scale factor is 1/2. Hence, he is incorrect because the scale factor is one-third. Option D is correct.

Learn more about the scale factor here;

https://brainly.com/question/10253650

Answer:

D

Explanation:

Inca civilizations were concentrated on what continent.

Answers

south america from 1438 to 1533 til the spanish arrived

Is the monsoon season always negative?

Answers

Answer:

No

Explanation:

Like most violent parts of nature, there's usually something good that the world makes out of it, like a volcanic eruption. Likewise, the large amount of water can do a lot for future crop and plants.

A protolith: Select one: a. is always igneous rock. b. is always metamorphic rock. c. is always sedimentary rock. d. may be any of the three rock types.

Answers

Answer:

D. May be any of the three rock types.

Explanation:

Protoliths mainly fall into two classes: sedimentary rocks, formed from sediment, and igneous rocks, formed from magma. Additionally, protoliths can also be metamorphic rocks. Different protoliths will form different metamorphic rocks under the same conditions of temperature and pressure. The same protolith will form different metamorphic rocks under different conditions of temperature and pressure. Therefore, because protoliths can be sedimentary, igneous, or metamorphic, the answer is D.

I hope this helps!

Identify 5 factors that has resulted in parts of Africa being 'switched off'​

Answers

Answer:

1. Promising Demographics

2. Growing Middle Class

3. Financial Inclusion

4. Strengthening Civil Society

5. Fewer Civil Wars

Explanation:

Why is it difficult to assign a numerical age to a sedimentary rock?.

Answers

Answer:

Because if it is sedimentary, giving it an age may decrease the value to the owner. Sedimentary things usually are collectibles or things people have gotten in the past and have taken to remember. Therefore, assigning an age to it may make the person think it's not as valuable as it was before, because in the moment we all need to ask ourselves, "Were we thinking about its age at the time we collected it?".

Which of the following best describes the location of all climate zones?
Found near the equator
Located in areas north of the equator
Located in areas north or south of the equator
Located in areas south of the equator

Answers

The zones found near the equator best describes the location of all climate zones.
Option (a) is correct.
Explanation:
Average weather conditions are known as climates.
The climates vary from region to region due to changes in temperature and air pressure.
There and hot and cold climate zones around the globe.
Hot climate zones are found near the equator and sunlight falls directly in these regions.
Whereas the north and south regions are cold and do not receive sunlight directly.

These toys] wash up along the whole island.... Where did all of these things come from? Who lost them? Why did they end up at Clipperton? It's like the island of lost toys... . What brings this old horse 700 miles (1,100 kilometers) from shore? Hance Milbrand,, "Island Castaway Describes His Self-Imposed Exile," in National Geographic News Lance Milbrand, a filmmaker, spent 41 days on remote Clipperton Island in the Pacific Ocean. Which view of geography do his remarks on the island best support? a. All parts of the earth are connected. b. Geography is full of garbage. C. Islands are separate from the rest of the earth. d. Geography tells you what places are called.​

Answers

Answer:

I believe your answer is A :)

Explanation:

why do people live in regions where earthquakes usually happen?

Answers

Answer:

Millions of people around the world live in areas of tectonic activity. This is because: these places offer a somewhere to live; provide economic opportunities

Explanation:

PLEASE help will give brainless

Answers

can’t see much but the one i can see #2 is 80 south 118 west


Solve each problem.
The diameter of a circular table is 6 ft. 10.
Find the exact area and circumference
of the table.

Answers

Answer:

the circumference is 21.9 and the area is 38.4.

Explanation:

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