What is an opportunity cost Mcq?

Answers

Answer 1

The price paid for passing up the next best alternative is referred to as the opportunity cost. It represents the concessions that people are compelled to make as a result of resource shortages.

What is an example of an opportunity cost response?

Opportunity cost is the worth of other goods or services you must renounce in order to obtain your desired item. Typically, potential cost is meant when the word "cost" is used in economics. It is common to hear the word "cost" used in conversation in the news. The rewards that are given up by choosing one course of action over another are referred to as opportunity costs in economics. In essence, it represents the value of the untaken path. Opportunity costs are trivial to overlook, yet understanding lost opportunities is crucial to making.

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Related Questions

What were the highlights of the Passhchendaele Battle?

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The Canadians captured the ridge on the 6th of November, even though there’s heavy rain and shelling that turned the battlefield into a quagmire. Nearly 16,000 Canadians died or wounded. The Battle of Passchendaele did nothing to help the Allied effort and became a symbol of the senseless slaughter of the First World War

Think about the people you read about in this lesson. Whose ideas are still important to us today? Why? Express your opinion in a one-page paper

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Economic development and individual wealth increased exponentially following the market revolution.

In general, the market revolution led to exponential economic growth and greater personal wealth, but it also spawned a growing lower class of property-less laborers and a string of extremely depressing periods known as "panics." Many people in the US labored for meagre pay, which caused them to get trapped in a cycle of poverty that never ended. A market revolution was transforming American industry in the 1820s and 1830s as well as global trade. An increasing issue is the displacement of lone craftspeople by factories and mass production. In conclusion, farms did not sell their goods locally; instead, they transferred it via less expensive means of transportation, like the Erie Canal, to distant markets.

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True or false. As a result of succession crises in the Ming dynasty, Eurasian steppe tribesmen, the Mongols, came to power and created a new dynasty

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As a result of succession crises in the Ming dynasty, Eurasian steppe tribesmen, the Mongols, came to power and created a new dynasty. This  statement is false.

Genghis Khan, the first Great Khan or "universal ruler" of the Mongol peoples, established the Mongol Empire. Genghis built the empire by bringing together Asian steppe nomad tribes and assembling a swift, light, and well-coordinated cavalry force that was incredibly effective. In the end, the empire controlled most of Asia, extending from the Black Sea to the Korean peninsula.

The Mongols remained unstoppable in Central Asia and beyond as skilled riders and archers, destroying armies in Iran, Russia, Eastern Europe, China. The Mongols eventually assimilated into the settled societies they had so readily subjugated, and many of them switched from conventional shamanism to Tibetan Buddhism or Islam.

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How do Judaism influence Christianity and Islam?

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Answer:

Because Islam and Judaism share a common origin in the Middle East through Abraham, both are considered Abrahamic religions. There are many shared aspects between Judaism and Islam; Islam was strongly influenced by Judaism in its fundamental religious outlook, structure, jurisprudence and practice. Jews believe in individual and collective participation in an eternal dialogue with God through tradition, rituals, prayers and ethical actions. Christianity generally believes in a Triune God, one person of whom became human. Judaism emphasizes the Oneness of God and rejects the Christian concept of God in human form.

Explanation:

i hope this helps sorry if it doesn’t help you

What’s the pros and cons of Rome becoming a empire

Answers

PROS:

they had great economic expansionstrong military powerthe expansion of land changed not only the mediterranean, but also Rome itselfhaving a large empire also led to having a large population. since the population grew quickly, the production of goods (such as grains, olives and other crops) increased. this helped Rome expand and establish its trade ties with other mediterranean powers, which helped enhance Rome's economy  

CONS

the empire had extreme poverty rates, because of the threats of being in a constant state of war. this meant that the government then imposed a lot of tax burdens on the citizensbecause there was a large production of goods, it led to farming issues because of the over exhausted soil, caused by over-cultivationthere was a huge inequality between the rich and the poor, including economic crisesthere was economic recession because of the excessive reliance on slave labour

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When was the radar used in war?

Answers

Answer:At the beginning of World War II?

Explanation:

how could i build an cultural empire?? (not actually building)

Answers

Answer:

Well you would obviously need a culture or more simply a people. Since their could be no empire without the people to "build" it. Then since I don't know who you are or tour personality, you need leadership skills, stewardship skills, and martial skills. Which these three compliment each other as one is overall leadership and the others focus on economics and warfare. However, you could build a cultural empire simply through a religion as, for example, the Catholic religion has done. Either way you would have to identify yourself as the head of your culture/ cultural empire.

Explanation:

4. As a result of Bismarck's leadership, Prussia did all of the following, EXCEPT __________.
a. improved its industry
b. improved its military
c. went to war with Austria
d. made an alliance with the United States

Answers

As a result of Bismarck's leadership, Prussia did all of the following: improved its industry, improved its military, went to war with Austria. The only option that does not accurately describe an action taken by Prussia under Bismarck's leadership is d. made an alliance with the United States. Prussia did not make an alliance with the United States under Bismarck's leadership.

Bismarck wanted to go to war with France.
a. True
b. False

Answers

Answer:

True

Explanation:

Bismarck, for his part, saw war with France as an opportunity to bring the South German states into unity with the Prussian-led North German Confederation and build a strong German Empire.

The answer to this question is true because I wanted to bring unity for Germany

i dont go a question

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Answer:

Wow hi how are you:)

Explanation:

Answer:

Explanation: cure

3. What happened in Texas immediately after Mexico gained its independence from
Spain in 1821?

Answers

Answer:

The Texans also adopted a constitution that protected the free practice of slavery, which had been prohibited by Mexican law. ... In 1821, Mexico gained independence from Spain, and Austin negotiated a contract with the new Mexican government that allowed him to lead some 300 families to the Brazos River.

Why was the English bill of rights important to U.S. history?

Answers

The English Bill of Rights is important because it limited the power of the government.

The government is an administrative body that controls the functioning of any country by implementing laws and regulations and introducing better standards of living.

When the English bill of Rights was not implied, A constitutional monarchy was established in England; but after its implementation, while the king or queen serves as head of state, their authority is constrained by the law. The English bills of rights restricted the power of government and provided more liberties to people which allowed them the freedom of speech and expression so that they can put their thoughts freely.

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research and explain the steps to legally immigrate to America today.

No links
Need this ASAP

Answers

Answer:

The steps to legally immigrate to the United States today include:

Explanation:

1) Determine Eligibility - Determine whether you are eligible to apply for a green card based on family relationship, employment, or another category.

2) Collect Documents - Gather your documents, such as birth certificates, passports, and marriage certificates.

3) Fill Out Forms - Complete the relevant forms, including the Application to Register Permanent Residence or Adjust Status (Form I-485) and the Application for Employment Authorization (Form I-765).

4) Pay Fees - Pay the applicable fees, such as the filing fee and biometrics fee.

5) Submit Application - Submit your application, documents, and fees to the USCIS.

6) Attend Interview - Attend an in-person interview with a USCIS officer. 7) Receive Decision - Receive a decision from the USCIS on your application.

8) Receive Green Card - Receive your green card, if approved.

Should the US Government offer more apologies and/or reparations to other Asian American Origin Groups

Answers

Yes they should. They have disrespected the Asian Community and heritage and they deserve an apology.

since 1930 during periods of economic recession which fiscal action has been taken by the United States government to stimulate the economy? A. maintaining a large budgetary surplus B. lowering personal income taxes C. increasing corporate income taxes D. raising interest rates on loans

Answers

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PLS HELP really need help. Due today!!! Question in the image below

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Given the definition of bias and the information in the text, the quote that shows the bias that Cortes had against Montezuma is B. "He often asked permission to go and enjoy himself, and pass the time in certain pleasure houses".

What is Bias?

This refers to the term that is used to describe and define the prejudice in favor or against a thing, person, or group as compared to another, usually in an unfair way or manner.

Hence, it can be seen that from the content of the text, there is the use of bias by Cortes against Montezuma who he is giving testimony about by making it seem he neglected his duty and always went to pleasure houses.

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why was the Iran-Contra Affair considered a scandel

Answers

Answer:

'because'

Senior administration officials secretly facilitated the sale of arms to the Khomeini government of the Islamic Republic of Iran, which was the subject of an arms embargo. The administration hoped to use the proceeds of the arms sale to fund the Contras in Nicaragua.

Explanation:

HAVE A GOOD DAY

Choose the word or phrase that best completes each sentence.
Hernán Cortés conquered the
Francisco Pizarro conquered the
One advantage the Spanish had over native groups was
One advantage native groups had over the Spanish was
W
J.

Answers

Hernán Cortés conquered the Francisco Pizarro conquered the One advantage the Spanish had over native groups The correct phrase for the given sentence is.

Mexico was taken over by Hernán Cortés (1485–1547) from the Aztecs.

Peru and the Incan Empire were subjugated by Francisco Pizarro. 16 horses, a few guns, and other better weapons, along with connections with other Aztec foes, were the advantages the Spanish had over the Native Americans.

How people used to conquer other nations?

Ancient civilizations like the Greeks and Romans engaged in armed conflict with their neighbors in an effort to seize territory, resources, power, and glory. Some of history's most ferocious leaders, such as Genghis Khan, Julius Caesar, and Alexander the Great, frequently led these fights.

Alexander the Great made a point of saying that he wanted to rule the entire planet in the fourth century BCE, and there is still a mythology that when he had militarily conquered all of the known ancient globe, he "wept because he had no more planets to conquer," since he was unaware of China further east and had no way to learn about it.

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What are the 4 Changes in Russia after Russian Revolution?

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Industries and banks were nationalized. The nobility could no longer hold onto land because it was made social property, enabling peasants to do so. According to the needs of the family, dwellings were divided in urban areas. New uniforms were created for the army and the bureaucrats, and old aristocratic titles were outlawed.

What is Lenin's contribution?

In the 1917 Russian Revolution, he was a crucial figure. implementing extensive land changes. Lenin was credited with the Bolsheviks' triumph during the Russian Civil War, which lasted from 1917 to 1922.

                     The New Economic Policy, which he introduced, was a synthesis of many economic systems with the state playing a decisive role.

What is the abbreviation for Russian Revolution?

When the Russian working class and peasants rose up in 1917 to overthrow Tsar Nicholas II's administration, it is known as the Russian Revolution.

                    Vladimir Lenin, along with a group of revolutionaries known as the Bolsheviks, served as their leader. The Soviet Union was a nation founded by the new communist regime.

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Arson is setting fire to a building, cars or property on purpose. True or false

Answers

This one is true arson is on purpose

Answer:

True.

Explanation:

Arson is a crime of willfully and maliciously setting fire to or charring property. ... In such cases, a person destroys their own property by burning it and then lies about the cause in order to collect against their insurance policy.

1. Why is this chapter entitled "Goodbye to the Old World" ? Cite evidence.

Answers

The chapter is titled good bye to the old world because it is trying to tell us that there would be consequences of the European colonization which may change the world forever.

What is the old world?

The term "Old World" typically refers to the Eastern Hemisphere, specifically Europe, Asia, and Africa, as opposed to the "New World" which refers to the Western Hemisphere, specifically North and South America.

The distinction between the two is based on historical and geographical criteria, as the Eastern Hemisphere was known and explored by Europeans before the discovery of the Americas in the 15th century.

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Which of the following best characterized U.S. public support for the Vietnam War?

A) Increased as a result of television

B) Was supported on most college campuses

C) Increased after Kennedy's death

D) Declined after the Tet Offensive

Answers

Answer:

D America was never a fan of that war.

Explain the cause and effect of at least ONE Islamic state in the Middle East, 1200-1450

Answers

Answer:

Islamic expansion across North Africa and through the Middle East saw more connections because of trade. Muslim caliphates conquered and often tolerated .

15 POINTS + BRAINLIEST . PLEASE HELP.

Answers

Answer:

I think is founding of the North Atlantic organization.

Explanation: have a good day <3

Select all the correct answers.
What was the UN’s role in the Congo in 1960 after it gained Independence?

to keep the Soviet Union from becoming involved
to remove Belgian troops that were trying to take over the Congo again
to prevent Joseph Mobutu from seizing power
to assassinate communist leader Patrice Lumumba
to regain control of provinces that were trying to secede

Answers

The UN’s role in the Congo in 1960 after it gained Independence were:

to remove Belgian troops that were trying to take over the Congo againto prevent Joseph Mobutu from seizing powerto regain control of provinces that were trying to secede

What was the UN's aim?

In 1960, the UN played a role in the Congo after it gained independence by helping to remove Belgian troops that were attempting to retake control of the country.

The UN also worked to prevent Joseph Mobutu, a Congolese military officer, from seizing power through a military coup.

Additionally, the UN helped to regain control of provinces that were attempting to secede from the newly independent Congo.

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What is important about Thomas Jefferson's 1801 inaugural address?

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Thomas Jefferson's 1801 inaugural address was significant for several reasons.

First, it was delivered at a time of political transition in the United States. The 1800 presidential election had resulted in a tie between Jefferson and his rival, incumbent President John Adams. The election was ultimately decided by the House of Representatives, which voted in favor of Jefferson. As a result, Jefferson became the third President of the United States, and his inaugural address marked the first peaceful transfer of power from one political party to another in American history.

Second, the address was notable for its conciliatory tone. Jefferson sought to heal the divisions that had emerged during the election and to reassure those who had supported Adams that he would govern for the benefit of all Americans. He stated that "every difference of opinion is not a difference of principle. We have called by different names brethren of the same principle. We are all Republicans, we are all Federalists."

Third, the address was also notable for its emphasis on the importance of unity and cooperation in achieving the country's goals. Jefferson said, "We are all Republicans, we are all Federalists." He also called for an end to political faction and sought to unite the nation under the principle of republican governance.

Fourth, The address also recognized the importance of Government serving the people, stating, "A wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement"

Overall, Jefferson's inaugural address was significant because it set a tone of national unity and conciliation at a crucial moment in American history and it served as a foundation for his Presidency, which would go on to emphasis on the principles of republican governance, limited government and individual liberty.

Answer: To let the American people know his feelings and America and his style of government

chief justice Taney uses the 5th amendment to support his argument how can you make the argument against his decision using the 5th amendment

Answers

Taney. held that the Missouri Compromise's treatment of Scott as property rather than a person violated the Fifth Amendment and was therefore invalid in certain parts.

What are the arguments Chief Justice Taney outlined?

Taney gave two main reasons for rejecting Scott's appeal. The first was that Scott was unable to file a lawsuit because, as an African American, he "had no rights which the white man was compelled to respect." Second, because slaves were property like any other, why was slavery prohibited north of 36'30.

Enslaved persons could not anticipate any protection from the federal government or the courts since they were not citizens of the United States, according to the majority judgment of the court, which was read aloud by Chief Justice Roger B. Taney on March 6, 1857.

Thus, Taney. held that the Missouri Compromise's treatment of Scott as property.

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i need help please and thanks
i will give brainlessly​

Answers

Answer: 1. Declare War 2. Collect Taxes 3. Regulate Trade 4. Make 5. Executive 6. President 7. Enforces 8. Commander-in-Chief 9. Treaties 10. Judicial 11. Supreme

The French and Indian War was fought because? A. The Native American wanted French Quebec and Louisiana B. Britain and France were fighting over land known as the Ohio river valley C. The French wanted to conquer all of Native Americans in North America D. The British wanted to conquer all of the Native Americans in North America

Answers

Answer:

B.

Explanation:

Ita b trust me dude

Answer is B they wanted the land the British and French thought if they had the land they will be to powerful

Help grades close today

Answers

Ethics means understanding between right and wrong.

What are Ethics?

A subfield of philosophy known as ethics, or moral philosophy, "involves systematizing, defending, and endorsing conceptions of good and bad action," according to one source. Axiology is a subfield of philosophy that consists of the areas of ethics and aesthetics. These fields are concerned with issues of value.

By defining terms like good and evil, right and wrong, virtue and vice, justice and crime, and so on, the Ethics aims to answer concerns about human morality.

Moral philosophy has connections to value theory, descriptive ethics, and moral psychology as areas of academic study.  The Ancient Greek term thikós, which means "related to one's character" and is derived from the root word êthos, which means "character, moral nature," is the source of the English word ethics.

This word was translated into Latin as ethica, from which it was taken into French as éthique, and finally into English.

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