it tends to keep going the same way
D) it tends to go straight
Answer:They reduced the need for farmworkers, forcing rural families to move to cities.
Explanation: Apex
All the cost sums up to $4,000 when there is no extra charge. In this case, the opportunity cost is the same with the total cost. In this case Mikael is willing to forgo $4,000 for this opportunity and it makes his opportunity cost. However, since the transportation expenses become $1,200 instead of $1,000. We don't know exactly he buys this ticket or not, but since it is said that "while he was booking", we have to consider that he buys the ticket. The hotel costs $1,500 and it cannot be redeemed. However, $2,700 is a sunk cost, not an opportunity cost. Because in this case, Mikael does not have any alternative. He gave up from his decision in the end.
The cost of opportunity in this scenario is Mikael decision to the forgo seeing Ouro Preto during his stay in the Brazil.
Cost of Opportunity is refers to the decision making process people use in the terms of how they spend their times, money or resources. This term was refers to the loss that a person suffer by picking a certain options. In this case, does't want Mikael to cut his foods budget. Instead, he pick to skip visiting Ouro Preto. So this represents how the Mikael is losing out on seeing this site in order to eat the food he wants while on the vacation.
All the cost of the sum up to the $4,000 when there are no extra charge. On this case, opportunity cost is the same as the total cost. In this case, Mikael is willing to the forgo $4,000 for this opportunity and it make his opportunity cost. So, since the transportation expenses become $1,200 rather than of $1,000. We don't know to exactly if he buy this ticket or not, but since it is said that "while he was booking", we have to consider that he buys ticket. The hotel costs $1,500 and it cannot be redeemed. However, $2,700 is the sunk the cost, not an opportunity cost. Because in this case, Mikael does not have any alternative. He gave up on his decision in the end.
Learn more about opportunitycosts here brainly.com/question/12121515
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It was big and strong enough to make long voyages across the ocean.
It was designed with a special sail that allowed it to sail against the wind.
It was equipped with enough rowers to propel it against any ocean current.
Answer:
It was designed with a special sail that allowed it to sail against the wind.
Explanation:
Answer:
Free economies exist because a significant portion of resources are owned by individuals or companies in the private sector and not a central government agency. In this way, the owners exercise total control over the means of production, allocation, and exchange of products.
Explanation:
Answer:
individual choice
Explanation: