PART II: People ID's These are specific people you absolutely need to know for this unit. In the space
provided, explain what role this person will play during this unit. These should be
specific answers.
(Example: FDR, president during World War II, New Deal Program, etc. - specific
events per person)

Richard Nixon

Gerald Ford

Jimmy Carter

Ronald Reagan

Sandra day o’s connor

an expansion is one of two basic business cycle phases; the other is contraction. the transition from expansion to contraction is a peak, and the changeover from contraction to expansion is a trough.

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.  

pinterest: xxxsociety (if anyone sees this follow me on there xd)

danielu suge pula

explanation: