cristinasosa1810 cristinasosa1810

08-09-2021
English

contestada

I need examples of trade-offs and opportunity cost please !!!

Respuesta :

Аноним Аноним

08-09-2021

Answer:

A trade off occurs when one item is sacrificed in order to get another ... for example are you trying to decide whether to take the Fourth of July off to spend with your family or to go to work and work additional overtime? ...that's a trade off .......

Opportunity costs one of the most important concepts in economics are created through trade offs.

Explanation:

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alalawiyouleen alalawiyouleen

08-09-2021

Examples of Opportunity Cost in the Business & Economic
Environment.
Work-leisure choices.
...
Government spending priorities.
...
Investing today for consumption tomorrow. ...

Use of scarce farming land.
...
Trade-offs.

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