answersLogoWhite

0

What is a trade off in economics?

Updated: 4/28/2022
User Avatar

Wiki User

12y ago

Best Answer

A trade off usually refers to losing one quality or aspect of something in return of gaining another quality or aspect.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a trade off in economics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does a trade off require you do to?

A trade-off requires you to give up one thing in order to get something else. This can happen often in Economics, and the way that the free market works.


What is a trade-off in economics?

A trade off is a substitute of the oponent infraction which is equal to both area of a formula.


What does making trade off require you to do?

A trade-off requires you to give up one thing in order to get something else. This can happen often in economics, and the way that the free market works.


What is required when a trade-off is necessary?

A trade-off requires you to give up one thing in order to get something else. This can happen often in economics, and the way that the free market works.


What the relationship between trade off and opportunity cost?

The relationship between trade offs and opportunity costs is that they both have to do with Economics. A person has to make a choice that would have to sacrifice.


What is the relationship between trade off and opportunity cost?

The relationship between trade offs and opportunity costs is that they both have to do with Economics. A person has to make a choice that would have to sacrifice.


What does trade mean in economics?

trade means to exchange things for goods


Contribution of Muslim scholars to Islamic economics?

The Muslim scholars formulated trade and economic rules and provided guidance in the field of trade and economics.


What were some spartan economics?

there were because they did not trade


What has the author Takashi Negishi written?

Takashi Negishi has written: 'Developments of international trade theory' -- subject(s): Econometric models, Economic development, International trade 'The collected essays of Takashi Negishi' -- subject(s): Economics, Equilibrium (Economics), History 'Keizaigaku no taimu tonneru' -- subject(s): Economics, Economics literature, History 'General equilibrium theory and international trade' -- subject(s): International trade, Mathematical Economics 'Economic theories in a non-Walrasian tradition' -- subject(s): Economics, History


What has the author Brian Hindley written?

Brian Hindley has written: 'Industrial merger and public policy' -- subject(s): Consolidation and merger of corporations 'Theory of international trade. --' -- subject(s): Free trade, Tariff, International trade, Foreign trade regulation, Protectionism 'Trade Liberalization in Aviation Services' 'Better off out?' -- subject(s): Domestic and EEC commerce, marketing and economics, Economics, economic history and consumer affairs 'Europe' 'Better off out?' -- subject(s): European federation, European Union 'Trade policy review 1996/97'


What has the author Daniel M Bernhofen written?

Daniel M. Bernhofen has written: 'Palgrave handbook of international trade' -- subject(s): BUSINESS & ECONOMICS / International / Economics, BUSINESS & ECONOMICS / Foreign Exchange, International trade, Handbooks, manuals, BUSINESS & ECONOMICS / Industries / General