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Q: What are the costs or trade offs of these cuts in funding?
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What is the relationship between Trade-offs and opportunity costs?

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.


How are trade off''s and opportunity costs different?

The trade-offs and opportunity costs are different from an economic standpoint in the sense that trade-offs are situations where you give up one thing in favor of another.


Which of the following best describes the relationship between trade-offs and opportunity costs?

opportunity cost are incurred when trade-offs are made


How are trade-offs and opportunity cost different?

The trade-offs and opportunity costs are different from an economic standpoint in the sense that trade-offs are situations where you give up one thing in favor of another.


In what way are trade offs and opportunity costs alike?

Trade-offs and opportunity costs are alike in one main way. Perhaps you would make a trade-off in order to enjoy something that you wanted, and you may lose the opportunity to use this item if you do not make the trade-off.


How trade-off and opportunity cost different?

The trade-offs and opportunity costs are different from an economic standpoint in the sense that trade-offs are situations where you give up one thing in favor of another.


What is the relationship between trade and opportunity costs?

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.


Suppose you are buying a car how would the trade offs discssed above affect your decision?

Trade offs make a huge impact on car purchases. This is especially true when it comes to new cars. Trade ins will also determine how much money you can save on leasing or purchasing costs.


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 do you mean by trade-offs?

Trade-offs are opportunities one forego in order to pursue a different opportunity. You must consider your trade-offs to make sure you are making the best business decision.


What do you mean by trade offs?

Trade-offs are opportunities one forego in order to pursue a different opportunity. You must consider your trade-offs to make sure you are making the best business decision.