The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
fewer resources are left tp make something else.
The economic term for the cost of a choice is the opportunity cost.
trade - off
Economic resources are constraints on the decisions we make when we figure out how to meet our desires. Scarcity implies that we cannot have everything we want and so must trade-off some things we want less for things we desire more. Opportunity costs are the losses we experience in this trade-off. These losses occur because to get what we want, we have to give up something else in return.
The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
The economic term for what you lose when using resources for something else is known as opportunity cost.
fewer resources are left tp make something else.
fewer resources are left tp make something else.
no resources is something else check in the dictionary to find definition of resources
The economic term for the cost of a choice is the opportunity cost.
trade - off
some natural resources would be: gold, and something else
if your using something like "if an," or something else.
ask something else
when you're describing something as being something else entirely, you are using metaphorical lexis (or just plain metaphor) hope that helps m8!