What is the opportunity cost in this scenario? mikael has saved $4,000 for his trip to brazil. he has calculated that his total transportation expenses will be $1,000. the hotel will cost him another $1,500. he will spend about $500 on food. he plans on spending the remaining $1,000 for sightseeing and buying souvenirs. while booking his plane ticket, he realizes that the price has gone up. his total transportation expenses will go up by $200. he realizes that he cannot cancel his hotel reservation. what is the opportunity cost in this scenario? mikael has saved $4,000 for his trip to brazil. he has calculated that his total transportation expenses will be $1,000. the hotel will cost him another $1,500. he will spend about $500 on food. he plans on spending the remaining $1,000 for sightseeing and buying souvenirs. while booking his plane ticket, he realizes that the price has gone up. his total transportation expenses will go up by $200. he realizes that he cannot cancel his hotel reservation. he also doesn’t want to go cheap on food. finally, he decides to give up visiting the popular ouro preto during his stay in brazil. he also doesn’t want to go cheap on food. finally, he decides to give up visiting the popular ouro preto during his stay in brazil.
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History, 21.06.2019 17:30
How did industrial production improvements impact export-dependent areas of the world during the great depression? a. demand for certain raw materials rose. b. demand for certain raw materials fell. c. the new technology was exported to most raw material producing nations. d. there was a decrease in tariffs.
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History, 21.06.2019 19:00
In an economic downturn, what can happen in countries that depend on high taxes to fund social programs?
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History, 21.06.2019 23:30
How was george washington able to defeat the british in the battle of trenton and princeton
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History, 22.06.2019 01:00
Plz i will give use examples from the lessons and your own personal experiences to compose at least one well-developed paragraph on the following: define the term reserved powers, and give an example of a reserved power of government.
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What is the opportunity cost in this scenario? mikael has saved $4,000 for his trip to brazil. he h...
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