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it is when you choose something else that you what instead of what you already have.

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12y ago

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Example of economic trade-off?

An example of an economic trade-off would be a weighing the cost of fixing old equipment against the cost of buying new equipment. A trade-off is a comparison of the cost of one thing against the cost of another.


What is the plural of trade-off?

Trade-offs is the plural of trade-off


the potential value of hiring more qualified employees at the cost of more expensive benefits is an example of what?

Trade-off


What are some examples of the speed accuracy trade off in daily life outside the laboratory?

the example is that firstly i went to my university in a public transport now i went to my university in my personal car so thats my trade off


What is an example of society trade-off?

Giving Up going to a movie to spend time shopping


What is a trade-off?

A trade-off is an alternative that we sacrifice when we make a decision.


What does making a trade off require you to do?

A trade-off means that you are compromising one area to benefit another area. For example, a trade-off in automobile safety is cost. A car could be produced that was very safe, but it would be too expensive. So, we trade-off safety (by reducing it), to get lower cost. Almost every decision, design, or negotiation uses trade-offs. When a decision, design, or negotiation does not have a trade-off (for example, if you could make a safer car cheaper at the same time) then this is an idealized solution which is very rare. So what is required is an analysis of every facet of the design, solution, or agreement, each facet's relationship to each other and the final output, and a decision made to get the best solution based on many competing factors.


What is the plural of trade?

Trade-offs is the plural of trade-off


Example of Time preference for consumption?

Preferences relevant to the trade off between peoples eagerness to consume now or to save for the future


What is evolutionary trade off?

An evolutionary trade-off occurs when there is a compromise between two traits that cannot be optimized simultaneously. For example, investing resources in growing a larger brain may come at the expense of producing fewer offspring. Evolutionary trade-offs are the result of limited resources and competing selective pressures.


Give an example of society trade-off?

A trade-off may be realized by taking a financial loss in order to gain a tax deduction that will lower total tax liability E,2020


The trade off between profitability and risk is?

trade off between ris and profitability