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What is tradeoff?

When choices are made to accept having less of one thing in order to get more of something else, the results are called trade-offs.


What tradeoff occurs when a consumer is gathering information for a purchasing decision?

Loss of time and effort to spend on other activities happens when you are attempting to gather information.


What is an example of tradeoff?

An example of a tradeoff is choosing to work overtime to earn more money but sacrificing time with friends and family. Another example is deciding to buy a cheaper, lower-quality product to save money but sacrificing durability and performance. Tradeoffs involve making choices that involve giving up something in order to gain something else.


What are tradeoffs of the airplane?

pollution is a tradeoff of airplanes


Why is the aswan high dam an example of a tradeoff?

The dam was sorely needed to provide power for the area, but to get that, a lot of people were displaced and their homes covered with water behind the dam. This was the tradeoff. Some might say that it was not really an equal, or balanced tradeoff, and others would say it was.


Why is the Aswan high dam an example of tradeoff?

The dam was sorely needed to provide power for the area, but to get that, a lot of people were displaced and their homes covered with water behind the dam. This was the tradeoff. Some might say that it was not really an equal, or balanced tradeoff, and others would say it was.


What are the release dates for Rachael Ray - 2006 First-Ever Tradeoff - 1.51?

Rachael Ray - 2006 First-Ever Tradeoff - 1.51 was released on: USA: 27 November 2006


Which of the choices below happens during the absorptive state?

Anabolic processes exceed catabolic ones


Difference between opportunity cost and a tradeoff?

Opportunity cost is that amount which is to forego by adapting different mutual exclusive investing opportunities while tradeoff value is the exchange value of old asset while purchasing same new asset.


Why does society face a tradeoff if it accumulates more capital?

In the short run, fewer consumption goods are available


In order for Ireland to grow more potatoes wool production must decrease This situation is an example of?

a tradeoff


Is the statement 'Society faces a short-run tradeoff between inflation and unemployment' positive or normative?

positive