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.

First of all, let's define the concept of opportunity cost. It involves the amount of money or resources that are given up when choosing one existing option over another.

Therefore, in the presented example, due to the price increase in the transportation expenses, the visit to the Ouro Preto has been the opportunity cost beared.

answer; ///he or she can either go to court or not. if he or she doesn't go, he or she must send a witness to stand for them, if he or she doesn't send a witness, he or she will be issued a bench warrant ,captured and forced to go to court; good luck

q1: artillery

q2: simon bolivar

q3:   their workers and farmers demanded a return to spanish rule.

q4: drafted new constitutions

q5: oligarchies have replaced monarchies