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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.
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.
Which of the following best describes the relationship between trade-offs and opportunity costs?
opportunity cost are incurred when trade-offs are made
Discuss some reasons for the complexity of global trade and the potential assistance of IT?
weed and tool
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.
What is meant buy business sector?
Those enterprises under business sector trade in commodities, services against profit. It may be under Govt. controlled regime or free trade regime. Under the former, all business activities are governed by enacted rules and regulations,where as under free trade regime, the rule of the market reign the business sector.
Can you trade Webkinz online after adopting them?
No you can't trade pets when you adopt them. You can buy a pet and give the code to your friend as a gift. But when you adopt it is yours to keep
How do you trade on FIFA superstars?
You have to go to manage then trade, but it costs 6 superstars cash
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.
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.
Why was adopting coins good for trade?
It gave a specific medium of exchange, instead of just exchanging goods of questionable parity.
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.
Is chocolate fair trade always fair and why?
No, because there are implicit costs to the chocolate trade fair
What were some of the costs and benefits of expeditions for explorer's and sponsors?
the costs and benefits was a chance of finding riches
What is a solution to the war in Libya?
overthrow the regime and use ceased wealth and oil trade to rebuild the infrastructure and economy
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.
What has the author Jane E Greenwood written?
Jane E. Greenwood has written: 'Adopting a comparative framework for the EEC's external trade agreements'
