Describe opportunity cost using your own words

Answers

Answer 1

Answer:

Opportunity cost is the cost of making one decision over another. This can come at the cost of our time, money, effort, or enjoyment. We make these decisions in our everyday lives without being conscious of it.

When we make a decision to purchase something, we consider several factors before making the final decision. This is done so often that it is subconscious. We are able to do this because our brain stores previously made decisions and uses that information in the decision process. Our brain best optimizes how much we value each factor such as price, time, and effort, and what the trade-off is between choices. We choose the best option and forgo the rest.

Explanation:


Related Questions

highest elected position in the roman republic

Answers

Answer:

Consul

Explanation:

The consul held the highest elected postilion in the Roman Republic from 509 to 27 B.C  

what happened to guam after the spanish-american war

Answers

Guam, the Philippines, and Puerto Rico became territories of the United States as part of the terms of the Treaty of Paris that officially ended the Spanish-American War of 1898.

What did Americans hope to get from the French & Indian War, and why were

they disappointed? HELP

Answers

Land they were disappointed because the British wouldn’t allow them to go on the land because they didn’t have enough money for another war (there were Indians in the land) the law was called The Proclamation of 1763

I need help with this question

Answers

the pope crowned Charlemagne.

Voter Turnout Among Citizens, by Age Group
Voter Turnout
Presidential Elections Midterm Elections
2000 2004 % Point Increase
(2000 to 2004) 2002 2006 % Point Increase
(2002 to 2006)
Ages 18-29 40% 49% 9% points 22% 25% 3% points
Ages 30-44 59% 62% 4% points 42% 43% 1% point
Ages 45-59 67% 70%; 3% points 55% 56% 1% point
Ages 60-74 72% 73% 1% point 64% 64% 1% point
Ages 75+ 67% 69% 2% points 60% 61% 1 % point

Source: Authors' tabulations from the Current Population
Survey, November (Voting) Supplement, 2000-2006.

Which of the following describes when a person is most likely to vote?
voter is under age 29 and it is a presidential election
voter is under age 29 and it is a midterm election
voter is over age 60 and it is a presidential election
voter is over age 60 and it is a midterm election

Answers

Answer:

the question above is wrong, and i think it’s

C. voter is over age 60 and it is a presidential election

Explanation:

looking at the chart, during the presidential election someone who is 60+ had 72%-73% votes.

how many days are in a year

Answers

Explanation:

Most of the time 365 but once in four years there is 366 days lol

What type of government gives absolute power to a small group or one individual?

Group of answer choices

republic

democracy

dictatorship

theocracy

Answers

Answer: .

Dictatorship

Explanation:

Dictatorship. Power in a dictatorship is held by a single person (or a very small group) that wields complete and absolute authority over a government and population.

How did pope manage to defeat the Spanish settlers

Answers

By killing them all and making them dead by shooting them and hurting them and stuff

A good opinion on Performing Arts

Answers

Answer:

Performing Arts are amazing forms of creative activity that are performed in front of an audience, such as drama, music, and dance.

Explanation:

Performing arts are basically arts or skills that require a performance in front of a public audience. Examples are acting, singing and dancing. Other forms of the Performing Arts include opera, theatre, magic or illusion performances, mime, spoken word, recitation and public speaking.

Need answered asap
Who was King Henry VIII? Why did he change the church? What changes did he make?

Answers

Answer:

King of England (1509-1547)

Explanation:

His changes are known as the English Reformation and occurred in the 16th century. He was motivated to make the reform so that he could divorce his first wife ( Catherine of Aragon) who had failed to provide him with a male heir. Divorce was forbidden by the church. since he wanted a divorce, he separated from the church.

which u.s. president proposed a decimal-based measurement system for the u.s.?

Answers

Answer: Thomas Jefferson

Explanation: Thomas Jefferson, then Secretary of State, proposed a decimal-based measurement system for the United States in his report Plan for Establishing Uniformity in the Coinage, Weights, and Measures of the United States.

Hope this helps :)

in what building was the declaration of independence signed

Answers

Answer:

the independence hall

hope this helps :)

please crown me brainliest!!!

Why did large corporations or individuals with lots of money to invest have a competitive advantage during the Second Industrial Revolution?

Answers

oooooooooooooooooof

Explanation:

how did the custom of dressing up in costumes start

Answers

Answer:

ancient Celtic festival (Samhain)

Explanation:

People lit bonfires and wore costumes to keep away ghosts. Pope Gregory made November 1 All Saints Day which took on some of the Samhain traditions.

The land ordinance of 1785 established a plan for dividing land and creating states in what part of the nation?

Answers

Answer:

The northwest region of America

Explanation:

Answer:

The land ordinance of 1785 established a plan for dividing the Northwest territory.

Explanation:

At the time, it was considered the Northwest of the country. Today, it makes up the states of Michigan, Wisconsin, Illinois, Indiana, and Ohio.

Hope this helps! :)

Who invented paper and the magnetic compass, who traded them, and what was their impact on the world?

Answers

Answer:

;

Explanation:

paper and the magnetic compass were inveted by the ancient china. the magnetic compass was traded on to the Arabs in the Islamic Empire.  Paper was invented in China during the 3rd century B.C., and its use spread via the Silk Road. it was one of the most-traded items between the east and west. Demand for paper has led to some serious effects on the environment. Paper mills also represent significant sources of water and air pollution, releasing multiple greenhouse gases into the environment and discharging toxic bleach byproducts into the water table. The magnetic compass was an important advance in navigation because it allowed mariners to determine their direction even if clouds obscured their usual astronomical cues such as the North Star. Compasses made it possible for explorers to sail far out into oceans and away from land—no matter what the weather was like. This led to more exploration, the discovery of new countries, and trade with other cultures.

sorry for my spelling and caps but have a nice day and hope it helped.

6 cities that were epicenters
help asap

Answers

Answer:

Tokyo, japan, jakarta, indonesia, manila, philipines.

plz mark brainliest

Wirich ides of Hindusin is the necon Of Agence and that
ople and living things are secret and must be treated with

Answers

Answer:

what.....................

PLEASE, PLEASE HELP!!!!!!! WILL GIVE BRAINLIEST, THANK YOU, AND 5-STAR RATING!!!!!!!!!!

Have asked this 4 times already and gotten no answer, please, please respond!

1. How did the rise of Phillip II impact the relationship between Catholics and Protestants in Spain and beyond?

2. How did a revolution in the Netherlands attempt to undermine the power of Phillip and to what extent did they succeed in their efforts?

Answers

Answer:

During the reign of Philip II, Spain reached the height of its influence and power, and remained firmly Roman Catholic. Philip saw himself as a champion of Catholicism, both against the Muslim Ottoman Empire and the Protestants.

As the Spanish Empire was not a single monarchy with one legal system but a federation of separate realms, Philip often found his authority overruled by local assemblies, and his word less effective than that of local lords.

When Philip’s health began failing, he worked from his quarters in the Palace-Monastery-Pantheon of El Escorial, which he built with Juan Batista de Toledo and which was another expression of Philip’s commitments to protect Catholics against the raising influence of Protestantism across Europe.

Philip’s foreign policies were determined by a combination of Catholic fervor and dynastic objectives. He considered himself the chief defender of Catholic Europe, both against the Ottoman Turks and against the forces of the Protestant Reformation.

Wars with Dutch Provinces, England, France, and the Ottoman Empire all had the undermining religious aspects of protecting Catholicism in increasingly Protestant Europe or protecting Christianity against Islam.

Because Philip II was the most powerful European monarch in an era of war and religious conflict, evaluating both his reign and the man himself has become a controversial historical subject.

Explanation:

Someone plz help me :(

Answers

Answer: The anwser is a feeling legs with soil to create fertile land branliest plz

how frequently do you think lynchings took place, based on this quote?

Answers

Answer:

one a week or one a day it couldnt be any less unless they were "joking "

HELP PLS Which accurately defines Petrarch?
A. Italian architect who designed St. Peter's Basilica
B. Italian banker who was a patron of Renaissance artists and authors
C. Italian scholar and poet who was one of the earliest Renaissance humanists
D. Italian painter and sculptor nicknamed the Renaissance Man​

Answers

Answer:

d

Explanation:

Answer:

IT is c Italian scholar and poet who was one of the earliest Renaissance humanists

Explanation:

Is the correct one ^_^

PLEASE HELP ME!!!! NO LINKS PLEASE!!!

The following excerpt is the preamble to the US Constitution. Compare the preamble of the 1842 Choctaw Constitution with this text. How are the two similar? How are they different?

We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America.



We, the people of the Choctaw Nation, having a right to establish our own form of Government, not inconsistent with the Constitution, Treaties and Laws of the United States: by our Representatives, assembled in Convention at Nanihwaiya on Thursday the tenth day of November, 1842, in order to establish Justice, insure Tranquility, promote the general Welfare, and secure to ourselves and our Posterity the right of Life, Liberty and Property: We mutually agree with each other to form for ourselves a free and independent Government.

And we do hereby recognize the boundaries assigned the Choctaw Nation by the second article of the treaty made and concluded with the United States of America at Dancing Rabbit Creek on the 27th day of September 1830: viz. beginning near Fort Smith where the Arkansas boundary crosses the Arkansas River, running thence to the source of the Canadian Fork, if in the limits of the United States, or to those limits, thence due South to Red River, thence down Red River to the western boundary of the State of Arkansas, thence North along that line to the beginning: the boundary of the same to be agreeable to the Treaty made and concluded at Washington City in the year 1825.

Answers

Answer:

Beyond the broad concepts of democracy, how to structure a federal government, the rights of the individual and defining the public good, the Great Law of Peace and the U.S. Constitution are also similar in very specific details.

Explanation:

Was Document D Ahmed Khan trustworthy and why

Answers

Answer:

Yes, I do. He was not just a soldier during this time, but also a sepoy british soldier. If he stayed, I believe he would have a decent grasp on things.

Explanation:

Ahmed Khan's document was trustworthy because he worked with British India company.

Who is Ahmed Khan trustworthy?

Ahmed Khan was a Muslim scholar and philosopher who worked for the British East India Company and was loyal to the British. He published a book in 1858 in Urdu where he explained the revolt of India.

Ahmed's document was said to be trustworthy because he worked as an insider with the British and would have an eye on the happenings there.

Therefore, Ahmed Khan's document was trustworthy because he worked with British India company.

Learn more on Muslim philosopher document  here,

https://brainly.com/question/11760907

Name the last official battle when the losing side surrendered and lost the entire war. Which one is it?

Answers

Depends which war there has been many wars with battles that were surrendered and lost.

Who were the 3 axis nations in ww2

Answers

Answer:6

Explanation:

Answer:

Nazi Germany (the Third German Reich), Fascist Italy, and Fascist Japan.

Explanation:

I’ll give brainly (: if correct

Answers

Answer:

i think that the answer is A.

Explanation:

Which of the following attained power in Mexico through the use of American military forces?

Answers

Answer:

Francisco"Pancho"Villa

I need the answer for this because I kinda do need it

Answers

the answer is a and c

What three countries competed for power during the age of exploration?

Answers

Answer: Portugal, Spain, France and England.

Explanation: hope this helps

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