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What else can I help you with?
What best describes opportunity cost?
the vaue of what a person or economy gives up to get something else
What does it mean to make a trade?
A trade is any type if transaction in which one person gives another person something in exchange for something else. When you buy something, you are trading money for whatever you bought. If you give someone a piece of armor for a sword in a game, that is a trade.
Objects that have value because the holder can exchange them for something else of value?
representative money
How does opportunity cost vary?
Opportunity costs vary because people's desires for different objects vary. When a person gives up something that they want for something else that they want they have created an opportunity cost.
When you promise to exchange something of value for something else of value is what?
When you promise to exchange something of value for something else of value, it is called a contract or a mutual agreement. This arrangement typically involves a legal obligation where both parties agree to fulfill their respective commitments. The exchange can involve goods, services, or other forms of compensation. Such agreements are fundamental in business and personal transactions.
Which explanes the term opportunity cost?
the value of what a person or economy gives up to get something else
What best describes opportunity cost?
the vaue of what a person or economy gives up to get something else
How art can be therpy?
It gives the person something else to concentrate on - taking their attention away from their medical or psychological problems.
What do you call something of sentimental value?
Something that has sentimental value to you is called 'junk' by everyone else.
When a person gives their blood to someone else?
transfusion
What does it mean to make a trade?
A trade is any type if transaction in which one person gives another person something in exchange for something else. When you buy something, you are trading money for whatever you bought. If you give someone a piece of armor for a sword in a game, that is a trade.
What is a wrinkler?
A wrinkler is a person who, or something which, wrinkles something else.
Can a object be a person?
no. a person is a person. an object is something you can hold in your hands. something you can look at and wonder why the world made that and not something else.
Objects that have value because the holder can exchange them for something else of value?
representative money
How does opportunity cost vary?
Opportunity costs vary because people's desires for different objects vary. When a person gives up something that they want for something else that they want they have created an opportunity cost.
What does irreplaciable means?
"Irreplaceable" means something that cannot be replaced, duplicated, or substituted by something or someone else. It conveys the idea that the thing or person is unique or of such value that it cannot be replicated.
How do people in the environment effect each other?
people effect each other in sevral ways. like if one person gives a charity a bunch of money. that charity helps people the person they help does something else to help someone else an so on and so on.
