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Trade-Off Definition. In economics, a very basic trade-off can be understood as the idea that if you choose one thing, you are going to lose another. The trade-off is taking the opportunity to ...
经济学话题下的优秀答主. Trade off是个动词，也可作名词trade-offs，意思是“权衡”，不在经济学的语境里也经常使用；. Opportunity cost只做名词，是经济学词汇，意思是“机会成本”，正式的解释为：. The best thing that you must give up to get something — the highest-valued ...
A trade-off involves a sacrifice that must be made to obtain a desired product or experience. Understanding the trade-off for every decision you make helps ensure that you are using your resources ...
We define trade-offs as compromises, meaning that something must be given up in order to make the best decision. This is because each choice will meet some of the goals, but not all of them. In ...
None of the answers are correct. 2. When you spend $100 on a new pair of shoes, what are some possible trade-offs? Two months membership at a gym that costs $50 a month. A nice dinner with your ...
Risk & Return. Laurel is an advertising professional in Boston and wants to start investing. She has asked Mike, a financial advisor, about the investment process. She tells him that she has heard ...
1. Give an example of a barter transaction. 2. Give an example of a situation in which money plays role of unit of account. 3. Give an example of a commodity money. 4. Sometimes when the economy is gr. Explain the importance of cultural identity in trade negotiations.
Trade-off. In economics, a 'trade-off' is based on the concept of 'opportunity cost'. That is an individual has to make choice between the options available to them.
When a photographer decides to use a digital camera to take shots versus using film, the photographer is facing the: A. "what" trade-off. B. microeconomic question. C. "for whom" trade-off. D. "how" trade-off. Who exploits Comparative Advantage in International Trade? What are the trade-offs involved when deciding to join a union?
Trade-off. A trade-off is an exchange of some opportunity, property, etc. for some gains or better opportunity in return. In economics, an opportunity cost where the most appropriate opportunity is considered to act upon instead of other opportunities. Answer and Explanation: 1