Carlos is trying to decide among a hamburger, a hot dog, or a salad. he chooses the hamburger. any value given up by not choosing the hot dog or the salad is called the trade-off opportunity cost marginal benefit

B. Opportunity Cost

Opportunity cost refers to the value of benefits one gives up when choosing an alternative or making a decision. It can also be described as the value of the next best alternative.

Opportunity costs are also known as alternate costs.

When Carlos decides to have a hamburger, his alternate costs comprise of the costs of the hot dog or the salad.

what types of rivers

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.