Occurs when managers choose an alternative that is good enough, rather than the best possible alternative.

by using  production possibilities graph.  opportunity costs are key expenses in financial matters and are utilized as a part of registering money saving advantage investigation of a venture. such expenses, be that as it may, are not recorded in the record books but rather are perceived in basic leadership by processing the money costs and their subsequent benefit or misfortune.

it depends on which society you are referring to. many civilization performed rituals so the gods would with their growing season but the most well known is that of the aztecs. they would make sacrifices, usually animals, but sometimes humans as well.