7. Which of the following is an opportunity cost of building a new public high school?
I
Cost of hiring teachers for all subjects at the new school
B
Change in the annual tax rate to pay for the new school
с
Cost of constructing the new school at a later date
D
Other goods and services given up in order to build the school

D. Other goods and services given up in order to build the school

Explanation:

Opportunity cost refers to the expense that incurred when we're sacrificing one decision to choose another decision.

Government has a limited amount of budget. If the government choose to allocate that budget to build a school, it will automatically mean that the amount of money that can be used for other programs is reduced. This is why we can consider them as an opportunity cost.

buildings sir and respect

the earthquake in haiti was a magnitude of 7.0 according to the u.s geological survey yet the smaller earthquake in haiti killed more than 200,000 and left more than 1.2 million people homeless. the chile earthquake was a magnitude of 8.8 and 500 times more stronger but chile's earthquake only injured 712 people.