In three to five sentences, explain what President Ford meant in his quote below: "[O]ur long national nightmare is over."
Gerald Ford, August 9, 1974

What was the "nightmare" he referenced? What effect did this "nightmare" have on the American people?
Be sure to use key details and examples in your response.

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.