What is the difference between rights and virtues? |

Rights are our freedom, the freedom to vote, to get an education, to speak out. Virtues are our behavior demonstrating high moral standards. Basically, in a way, saying that you have good ethics, you are virtually good. I don’t know if that helps, I could break it down a bit if you want.

What must be given up to acquire it

Explanation:

Here is the full question :

Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant.

 What is the opportunity cost of something?

The time it takes to do something

 What must be given up to acquire it

Cost to produce it

What you pay

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over another alternative.

By choosing to open her store, my aunt has to forgo her accounting job. this is her opportunity cost. so her opportunity cost is $55,000