Ricardo works part time at a local computer store. one day, his manager approaches him about moving from cashier to floor supervisor. ricardo is excited because the promotion comes with a raise; however, the extra work hours would take away from time with his friends. in the end, he decides to take the promotion. what is ricardo’s opportunity cost? losing extra time to spend with his friendsbeing able to use the extra money for summer football camplosing the ability to spend any time with his friendsreceiving another promotion in six months

Losing extra time to spend with his friends

Explanation:

Economists implement the term opportunity cost to denote that people have to give up on some things to acquire some other things they desire. As there is a limitation of resources, every time you choose the way to use them, you are at the same time giving up on some other options. In economics, whatever choice you make implies an opportunity cost.

answer; /// the correct answer is (belongingness needs; good luck

every society, in order to meet the needs of it's people, has to answer three basic questions:

- what should we produce?

- how should we produce it?

- for whom should we produce it?

this questions must be answered in order to, option b, aid in production decisions.

every country can't produce everything, no matter how rich their land is. it may be a matter of technology, resources or geographical conditions. so, these three questions must be resolved in order to get the most of the production of each land.

hope this !