The sacrifices made by societies in order to engage in military spending represent the nominal costs of military spending. the opportunity costs of military spending. the real costs of military spending. the excessive costs of military spending.

the opportunity costs of military spending

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

For example, in order to engage in military spending, the society might have to forgo renovating  a hospital. This is the opportunity cost. Renovating the hospital was what was given up in order to engage in military spending

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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