Select the correct text in the passage.
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.

Answers

Answer 1

Answer:

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.

Explanation:

Answer 2

The opportunity cost in this scenario is giving up visiting the popular Ouro Preto during his stay in Brazil. Mikael decides against going to the well-known Ouro Preto since he cannot change his hotel reservation and will not forgo good food.

Opportunity cost is the price of the next best option that is given up while making a choice. In this instance, Mikael has set aside a specified amount for travel, lodging, meals, and sightseeing/souvenirs as part of his vacation to Brazil. But his travel costs will increase by $200 as a result of the higher plane ticket price. Mikael needs to decide where to make budget cuts in order to account for this rise.

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Related Questions

differenciate between self employment and unemployment​

Answers

Answer:

Self employed means for example you have any kind of business of yours. It means your self employed no need to find out job and no one even consider you as a unemployed. And you can give others job when your self employed.

Unemployment is kinda situation that unemployed suffering. Means if person having skill and willing to do work and trying hard to get that but unable to get job it is unemployment and that person is unemployed

Answer:

If you're truly “self employed”, you’re obtaining paid. If you’re idle, attempt obtaining off the seat. I barely graduated H.S., [mostly self educated from reading everything I may get my hands on] however worked exhausting for associate degree leader, learned a business[15 years] started my very own business and in Sep it’s been thirty years.

Explanation:

how is the "Arirang" song classified?

A. Welcome song
B. Love song
C. Song for spring
D. Parting song​

Answers

Answer:

B is the answer because Arirang is known as a Korean Folk Song and these song are about 3, 600 variations of 60 different versions. ... According to the legend, its name is derived from a story of a bachelor and a maiden who fell in love while picking camellia blossoms near the wharf at auraji

Music is termed as the art that aids in the arrangement of the elements of the melody. It is the universal aspect of human society to listen to music and enjoy its melody. The common definition of music includes the pitch, rhythm, dynamics, and sonic qualities of timbre and texture.

Option B. Love song is the correct answer because Arirang is known as a Korean Folk Song and these songs are about 3, 600 variations of 60 different versions.

The rest of the mentioned options are wrong because they do not specify the "Arirang" song appropriately. It is neither the welcome nor the spring song nor the part song. The correct one is it is the love song.

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HURRY ASAP BRANILIEST GIVEN Which Supreme Court case established the principle of judicial review?
A.
Roe v. Wade
B.
Marbury v. Madison
C.
Plessy v. Ferguson
D.
Brown v. Board of Education of Topeka, Kansas

Answers

Answer:

its either A or B but I believe B. Sorry if im wrong!

Answer:

The answer is B. Marbury v. Madison

Identify one effect of the creation of Gutenberg’s press.
a. literacy rates increased
b. scientific discoveries were less likely to be widely known
c. interest in the Americas declined
d. the middle ages

Answers

Answer:

A. Literacy rates increased

Explanation:

Before the Gutenberg press was created, people depended on the priest or the literates to read to them about the bible or the news. They were not telling the truth about what the bible really said, and used people's fear to make them buy Indulagence. However, Martin Luther was against this and wrote books preaching against the church. A way to get these new teachings to the people was to make many copies of them by using the Gutenberg press.

Define each of the following terms in a complete sentence: annulment, armada, federalism.

Answers

Answer:

Explanation:

Annulment is a legal procedure or proceedings make by the court that cancels marriage or render it invalid or null and void.

Armada is word from Spanish and Portuguese which refer to many naval ships or fleet of war ships.

Federalism is a political organization that distribute power or authority and unit general government and regional government. It United States that separated within a political system.

• What is the religion of most Persians?
a.Christianity
b. Judaism
c. Shia Muslim
d.Sunni Muslim

Answers

Answer:

C

Explanation:

The answer is c hope this helped

Which would allow humans to access groundwater?

a well drilled into an aquifer
a well drilled above the water table
an aquifer capped by thick granite
layers of soil and rock above the water table

Answers

Answer:

A well drilled into an aquifer.

A well drilled into an aquifer would allow humans to access groundwater

What is groundwater?

The water below the ground is called groundwater. It comes from underground cracks and spaces in the soil.

Access to ground water can be gained if we dig a well or use any source that can provide us an access below the water table.

Hence, the objects that allow humans to access ground water are:

A springA well drilled into an aquiferA well drilled below the water table

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( WORLD HISTORY )
India's current religious traditions originated from which ancient civilization?

Harappan

Hebrew

Aryan

Chinese

Answers

Answer:

Aryan

Explanation:

Aryan civilization was originated from the region near Indus Valley (currently that region exist in India).

Historians tracked back India's current religious traditions into this civilization.  One example of this would be the implementation of Caste system that exist in Aryan civilization and India.

This system separated the citizens into different classes with different status. The highest is held by the religious leaders while the lowest status is held by slaves/servants.

Who was in charge of establishing the first federal court system?

Answers

Answer:

George Washington and the first Congress.

Explanation:

The first federal court system was created after George Washington signed the Judiciary act of 1789 during his presidency.

The act established the supreme court as the highest holder of judicial power In United States. The act created several lower courts to handle all law proceedings, but all of those lower courts have to follow the guidance made by the supreme court.

which sea connects the pacific and indian oceans? Answers- Bay of Bengal, South China Sea, Yellow Sea, and Sea of Japan.

Answers

Answer:

I'm pretty sure its South China sea, if not the Bay of Bengal.

Explanation:

In the early 1900s, racial tensions increased in Georgia because more African Americans were

moving into white neighborhoods.
getting jobs white citizens wanted for themselves.
refusing to take jobs in rural areas.
making more money than white citizens.

Answers

Answer:

getting jobs white citizens wanted for themselves.

Explanation:

Atlanta Georgia was always known as the center of communities for black people with high education,

So, many of black people in Georgia managed to obtained high paying jobs that usually only available to white citizens regardless of the discrimination that they face.

This made a lot of racist extremely unhappy. This disdain toward successful African American community led to an event called the Atlanta Massacre of 1906, where a group of white citizens openly killed and torture black citizens . Approximately, around 100 of African American citizens in Atlanta were killed during the riots.

Answer:

The answer is B

Explanation:

10 prime minister of nepal(expect rana prime minister ​

Answers

Explanation:

Rana Prime Ministers. Nine Rana rulers took the hereditary office(s) of Prime Minister, Supreme Commander-in-Chief and Grand Master of the Royal Orders. All were crowned as the Maharaja of Lamjung and Kaski.

Explanation:

hope it is helpful to you

what is importation of expired drugs and foods and their effects​

Answers

Answer: Second life

Explanation:

The importation of the expired drugs and foods is called second life because a second life is given for the sale after the competition of the date of expiry. The date of expiry is the date after which something cannot be used the good s lose their quality.

Importation and consumption of expired drugs and foods have the following effects:

1. The person selling and importing the expired drugs and foods is liable to be prosecuted in the court of law.

2. The expired drugs and foods have undergone with change in chemical composition. The consumption of such drugs and foods may cause the growth of infecting bacteria in the body, develop antibiotic resistance and can cause serious illnesses.

Which of the following best describes how Hindu temples changed over time?
a.The temples became more basic and simplistic.
b.The temples were no longer made of stone.
c.The temples no longer included paintings inside.
d.The temples became more complex and ornate.

Answers

The temples became more complex and ornate.

Option (D) is correct.

Explanation:

The temples became more complex and ornate.

Hindu temple is a kind of religious and sacred place for non- Muslim community specially for Hindus in India.

It is divine place of worship for Hindus.

They also called it as the house of God.

It is a religious structure, designed to bring humans and gods together at one place. It expresses the ideas and beliefs of Hinduism.

The structure exists in many styles and are situated at diverse places.

Different construction methods have been deployed and these are adopted to all the religious beliefs in India and around the globe

Answer:

D The temples became more complex and ornate

Explanation:

It was correct on edge

Question 1
Which of the following is true about both the planets and the stars we see in the night sky?
They are several light-years away.
They appear to move through the sky.
They can only be seen because they reflect light.
O
They twinkle when viewed at night.

Answers

HHzhsjjshavavsbsbvxvxhzhsh

According to the Conflict theorists, ____ is a condition in which the beliefs, ideals or ideology of a person are not in his/her own best interests.

Answers

Answer:

False Consciousness

Explanation:

According to conflict theorists, ____ is a condition in which the beliefs, ideals or ideology of a person are not in his/her own best interests.

False Consciousness

HELP ASAP PLEASE!!!
Why did the vast majority of French people live in poverty during the french revolution?

Answers

Answer: The economic condition of France became poor due to the foreign wars of Louis XIV, the seven years War of Louis XV and other expensive wars. During the reign period of Louis XVI, the royal treasury became empty as extravagant expenses of his queen Marie Antoinette. To get rid of this condition.

Explanation:

Christopher Columbus first encountered native people on the islands of the Bahamas. The largest native population, the Taino, lived on several islands in the region. Which of the following is not one of those islands?

a. Cuba
b. Lima
c. Haiti
d. Jamaica

Answers

Answer:

B. Lima

Explanation:

Lima is the capital of modern day Peru in South America and its NOT in the Caribbean Ocean.

Christopher Columbus first encountered native people on the islands of the Bahamas. Lima is not one of those islands. The appropriate response is option B.

How did Columbus describe the Islanders?

Because he wanted to adequately notify Queen Isabella and King Ferdinand of all his findings and demonstrate that they did not spend the money on the expedition, Columbus provided extensive descriptions of the area and its inhabitants.

Native Americans were subjected to policies of forced labor under Columbus in order to increase profits. Later, Columbus transported from Hispaniola thousands of tranquil Taino "Indians" to Spain for sale. Many people lost their lives while traveling.

Christopher Columbus, an Italian adventurer, set foot on what are today the Bahamas. On an island that the local Lucayans called Guanahani, Columbus and his ships made landfall. It was christened San Salvador by Columbus.

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Describe Arachne's reaction when she finds out she is speaking to Athene. (lines 38-67)

Answers

Answer:

When Arachne realizes she is speaking to Athene she turns red with embarrassment and then before the group of people she presses her lips together in obstinacy and pride.

Explanation:

May 9th.

Our lawful (?) owners have at last arrived. About sunset, day before yesterday, the Iroquois anchored here, and a graceful young Federal stepped ashore, carrying a Yankee flag over his shoulder, and asked the way to the Mayor's office. I like the style! If we girls of Baton Rouge had been at the landing, instead of the men, that Yankee would never have insulted us by flying his flag in our faces! We would have opposed his landing except under a flag of truce, but the men let him alone, and he even found a poor Dutchman willing to show him the road!

–A Confederate Girl’s Diary,

Sarah Morgan Dawson

Based on this passage, what is Dawson’s opinion of the women of her community?

She believes that they are stronger than the men in her area.
She thinks that they are weaker than men and easier to control.
She believes that most of them side with the Union in the conflict.
She thinks that they do not understand the situation the South faces.

Answers

Answer:

She believes that they are stronger than the men in her area.

Explanation:

Answer:

It's A.

Explanation:

Help please...
What did Moses Austin promise to do for Texas?
a.
Moses Austin promised to bring 500 American families to fight with the Mexican bandits in Texas.
b.
Moses Austin promised to gather an army to invade French Canada
c.
Moses Austin promised to establish forts for the settlers.
d.
Moses Austin promised to bring 300 families to establish an American presence in Texas.

Answers

Austin persisted and was finally granted permission to settle 300 Anglo families on 200,000 acres of Texas land

Answer: D

Explanation:

Do you think characters such as Dionysus Aries and Hades should be portrayed as God?​

Answers

Answer:

yes

Explanation:

because they in stories represent light or god

Answer: Yes

These gods are often portrayed in ways that basically makes people hate them but there is a lot to these gods that make them gods and reasons why they are gods.

For starters Dionysus was made a god by his father Zeus, due to his invention of wine impressing his father. Of course in many legends he often does things that make him seem childish or to immature to have the role of a god. Of course he does have a very important role as a god. His invention of wine brought happiness and joy to the people who it was brought upon.

Ares, the god of war, is definitely questioned whether he is worthy of being a god or not. I mean think about, normally all war has brought upon people death, pain, and sorrow. His role even wasn't that big of a role as god and he was even considered the most unpopular of all the Olympian gods. Although, war is really unnecessary, there is sometimes the need to fight back to defend your land and many other things.    

And finally Hades. Many and when same many I mean many, of people already look at Hades and think "Wow, he defiantly looks like a bad guy." Which in most cases is wrong, he simple is just the god of the Underworld, and when you come to think about it there wasn't much left for Hades as Zeus to the sky and Poseidon took the sea. Due to the fact that he is the god of the underworld many people think that he "causes" death but that's not the case as he simple just rule of the underworld and makes sure all death stays in the underworld.

Another thing that can be taken into consideration, is that Greek gods and goddess, along with other Greek mythology legends is that, these legends aren't suppose to be about role models or "Good guys" there's suppose to be about lessons. Though many people mistake this.                      

please help... describe the edeton tea party​

Answers

Answer:

1

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111¶¶111111

1111¶__1¶¶_¶_¶__¶___11____1¶¶¶______1¶1111111

1111¶___¶¶1¶_11_11__1¶__1¶¶¶1___11_1¶11111111

1111¶_____¶¶¶¶¶¶¶¶¶¶¶¶¶¶¶1___11111¶¶111111111

1111¶__________11111_______111_1¶¶11111111111

1111¶_1__11____________1111__1¶¶1111111111111

1111¶__11__1________1111___1¶¶111111111111111

1111¶___1111_____________1¶¶11111111111111111

1111¶¶_______________11¶¶¶1111111111111111111

11111¶¶__________1¶¶¶¶¶1111111111111111111111

1111111¶¶¶¶¶¶¶¶¶¶¶111111111111111111111111111

Explanation:

reality. The Edenton Tea Party was a political protest in Edenton, North Carolina, in response to the Tea Act, passed by the British Parliament in 1773

What can you infer about Georgia's capitals based on the map above?

Answers

Answer:

Events of the Civil War prevented coastal cities from industrializing. As coastal flooding worsened, the population of Georgia moved inland.

Explanation:

As new territories opened up, the population of Georgia shifted west.

Answer:

The population shifted westward, so the capitals did as well.

Explanation:

Could someone help me with this it’s due tomorrow for chess class and I don’t know exactly what to do

Answers

Just ask the teacher for help
Bro this is social studies not chess class

what should i name my dog?

Answers

Answer:

cooper

Explanation:

Is there a bad reason to change a career? provide support for your opinion

Answers

Answer:if you hate your job and aren’t making enough money, that is u best option.

Explanation:

Took the practice

An unsavory boss It's also possible that your company has a poor culture where employees barely interact with one another and don't seem to care about getting to know one another. Your conclusion is that this career is not for you. Definitely look for a different job if you detest going to work every day.

What is your career path goal?

Career goals are specific benchmarks you can hit along the way to help advance your professional development. The goals you have established are consistent with the profession you have chosen. The process of setting a career goal involves many different factors.

Another crucial element influencing career change is work flexibility. Employees who must balance their professional and personal obligations frequently seek out and require flexible roles. One of the many common reasons people change careers is to find a better work-life balance.

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can you. please help me ​

Answers

Hi there, can you please mark me as the brainliest? Thank you so much and have a fantastic Day!

Brian is late for a
meeting and runs 240
meters in 60
seconds. How fast is
he running in m/s?

Answers

4 miles a second lol

Make a list of States of medieval Nepal​

Answers

Answer:

Some of the important states were Gorkha, Lamjung, Nuwakot etc. Kathmandu was a single political unit during the early period of Malla rule but after the end of the Yakshya Malla, it was divided into three states, namely Kantipur, Patan, and Bhadgaon.

Explanation:

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a wagon has a mass of 100 kg an acceleration of 2m/s/s. What is the force on the wagon? 18.0 mL of water contains 6.022 x 1023 water molecules. How many hydrogen atoms are in 1.00 L of water? (Each water molecule, H2O, contains two hydrogen atoms.) Which statement is true for rapid prototyping? (A. It creates a two-dimensional model of a part or a product, from the original model of the product.) (B. It is also known as 2D printing.) (C. It helps to avoid costly mistakes by allowing corrections early in the production process.) (D. It is also referred to as layered modeling.) 5.5.19Factor out the greatest common factor from the following polynomial.6x(z + 14)+(z + 14)Select the correct choice below and, if necessary, fill in the answer box to complete your cho6x(z + 14)+(z+14) = _______ Type your answer in factored form.)The polynomial has no common factor other than 1. (-4a^3b^2?)^2 (3ab) whats the area of 8ft, 6ft and 2ft? Decision goes through different processes. Elaborate Solve 3b 8 + 6 = 2(b + 6) Raphael purchases a new DVD at M-Mart. Hepays 8% in tax on the cost of the DVD. If the taxamount is $1.20, how much does Raphaelspend on the DVD, including tax? Please someone helpp pleassseee pleaseeee PWEaseee help mweee ill mark brainliest I just need the answer pls and thank you amazing people A plant or animal that carries a disease or parasite during part of its life cycle is called a(n): what is 5 quarts converted to liters Evaluate Explanations There was some tension between the approaches ofBooker T. Washington and W.E.B. Du Bois in how to approach AfricanAmerican civil rights. What approach was more convincing, and why? Usedetails from the text to support your answer. what is the distance, in units, between the y-intercept of f(x) = x^2 +7x - 18 and the y-intercept of the linear function that passes through the points shown on the table belowx g(x)-5 210 1125 2060 41 Harry borrows $2,500 to purchase furniture for his newapartment. If he pays $202.00 per month for 1 yearand 3 months, how much total interest will he pay?a. $202b. $530 c. $3,030 d. $5,530 A tornado is located between city hall and a cell phone tower and is heading towards the cell phone tower. By what angle does the tornados direction need to change so that it passes over the radar station instead? rewrite the algebric expression using disstributive property5(2x+7) calculate the rise and run to find the slope of the line Answer this question please