posted by .

trade-offs are alternatives that people give up when they choose one course of action over another.

Who makes trade-offs?

Why do decisions involve trade-offs?

  • economics -

    Everyone makes trade-offs every day. Do you stay in bed an extra ten minutes, or do you get up so you have plenty of time to get ready? Do you eat junk food for lunch because it tastes good, or do you eat a healthy salad? Do you buy a new video game, or do you save your money for something else?

    How would you answer the second question?

  • economics -

    because if you choose one this you give up another.

  • economics -

    Right! :-)

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. 12th grade AP Economics

    Making a list of what you would consider the most important trade-offs of spending more money on air-travel safety. Can someone please help me!!!
  2. 12th grade A.P.Economics

    Identify the trade-offs and opportunity cost of a decision using a decision-making grid. I know how to make a decision-making grid to show the opportnity cost....but how do i identify trade-off and opportunity cost in the grid?
  3. Economics

    Explain how each of the following people would talk about scarcity and trade-offs. a) The President of the United States: b) The leader of a developing nation. c) A U.S. citizen whose income is in the top one percent. d) A U.S. citizen …
  4. economics

    why might a leader of a developing nation talk about scarcity and trade-offs?
  5. Ecnomics Answer check

    I had asked this question earlier and Ms. Sue had helped me with one. I have tried the other two...will you please let me know if I'm on the right track?
  6. economics

    describe how scarcity, trade-offs, and opertunity costs are involved in the energy industy in the United States
  7. economics

    how would a citizen whoose income is in the top one percent talk about scarcity and trade offs?
  8. civics

    Which of the following forces us to make choices?
  9. AP economics

    Explain how each of the following people would talk about scarcity and trade-offs the president of the United States, the leader of a developing nation, a US citizen whose income is in the top 1% and US citizen whose income is in the …
  10. Math

    An athlete earns $350,000 each year. If his team makes the play-offs, he will earn a 15% bonus. What will be his total earnings for a year if his team makes the play-offs?

More Similar Questions