Essays on Heavy Bomber

When making procurement decisions, the opportunity cost must be evaluated. Resources are scarce while human needs are unlimited. Economists continue to face the problem of scarcity and choice. One thing is bought at the expense of another. Since resources are limited and needs are unlimited, persons habitually purchase products that will give them the maximum value. Opportunity cost is the loss of probable gain from the 2nd best forfeited alternative when one alternative is picked. For example, one has $9500 which they can use to buy a bungalow or a Prado as those needs are at the topmost of his priority ...

Introduction

When deciding to procure a service or a product, an individual or a company evaluates the opportunity cost. One thing is bought at the expense of another. Since resources are limited and needs are unlimited, people usually purchase products that will give them the greatest value for the available resources. Opportunity cost can therefore be defined as the loss of potential gain from the second best sacrificed alternative when one alternative is chosen. For instance one has $800 which he can use to buy a house or a vitz as those needs top his priority list. If he decides to buy a house, then he ...

World War II saw the advent of many different types of new warfare - however, the most dramatic improvements came in the development of strategic bombing and multipurpose aircraft, with high flight ceilings, heavy armor, and incredibly large payloads and armaments. In World War II, the multi-engined heavy bomber became an important tool of aerial warfare. From carpet bombing to Fat Man and Little Boy, these large, slowly moving but intimidating aircraft ruled the skies of the Pacific Ocean and Europe. Two important pieces of aerospace technology that saw use in the war are the B-17 Flying Fortress and ...