giselletorreez18 giselletorreez18
  • 09-04-2020
  • History
contestada

In economics, the term "trade-off" refers to

Respuesta :

emmiliexaustin
emmiliexaustin emmiliexaustin
  • 09-04-2020

Answer:

Making decisions requires trading off one item against another. In economics, the term trade-off is often expressed as an opportunity cost, which is the most preferred possible alternative. A trade-off involves a sacrifice that must be made to get a certain product or experience.

Explanation:

I hope this helps :)

Answer Link

Otras preguntas

I need help with piecewise functions. How to find the domain and range and how to write it notation.
Why did America rely heavily on slaves during the colonial period?
"Find the point of intersection for each system of linear equations. Which method did you use & why?"
Bill made 5 gallons of fruit punch. If 1/4 of punch was cranberry juice, how much cranberry juice did he use?
What is 0.4^-2 (0.4 to the power of -2)?
Why did America rely heavily on slaves during the colonial period?
Bill made 5 gallons of fruit punch. If 1/4 of punch was cranberry juice, how much cranberry juice did he use?
Why did America rely heavily on slaves during the colonial period?
A high-speed computer printer prints a page in 1/6 second. Using this printer, how long would it take to print 30 pages?
how many occupied orbitals does a fluorine atom contain in the ground state?