You see a CD and a DVD that you like. However, you have only enough money to buy one. You decide to buy the CD. What is the opportunity cost of your choice?

The DVD is the opportunity cost

Explanation:

The opportunity cost is also known as the forgone alternative. First of all we know that resources are scarce and yet human needs are numerous and needs to be satisfied. But people have to order their needs based on importance and the need with the greatest value is often chosen ahead of other.

The DVD that was forgone for the CD is the opportunity cost of this choice. Because since money cannot buy both items, buying the CD and forgetting about the DVD makes the DVD the opportunity cost.

music always has an important role in culture and societies, infact for example rock’n roll music has conditioned different areas of pop culture above all in the 60s. in the modern american society its role is different.

unfortunately many think about how some unfortunate events happened to the columbine high school shootings can be related to rock music just because the teenagers involved listened to this kind of music.

i think that we can valorize the change to take refuge in this genre of music to keep on in everyday life, teenagers are comfortable when they can listen to a song about a specific problem. realizing that someone else is living your personal drama too can them to feel less lonely nowadays.

although the crusades failed to capture jerusalem, they had several major impacts on western europe. they increased the authority of the king: sometimes nobles died in battle without leaving an heir in which case the king got their land. kings passed taxes to pay for the crusades.