Ask a New Question

Question

What is a trade off?
1 year ago

Answers

GPT 3.5
A trade-off is a situation where you have to sacrifice one thing or make a compromise to obtain or achieve another thing. It refers to the decision-making process of giving up one thing, typically for the benefit of something else. In other words, it is a situation where gaining or improving one aspect results in losing or diminishing another aspect. It is a common concept in various fields, including economics, business, decision theory, and daily life.
1 year ago

Related Questions

There is a trade-off between the objective of reducing a trade deficit and the objective of reaching... Why is trade necessary? A. Producers create too much demand for goods. B. Resources are not di... Which example might cause trade to be limited between countries? 1. The lifting of an embargo 2. T... Unequal trade causes trade _______________, (when the cost of a country's imports exceeds the value... What do you wonder about trade jobs? why do you think that trade unions were more visible during the uprisings Interstate trade is - trade between states. trade between countries. trade between cities i... Which of the following trade policies is a protectionist least likely to support? (1 point) • impo... trade barriers trade barriers nuclear weapons development nuclear weapons development... Triangular Trade:What was traded and sold FROM EUROPE TO AFRICA? (1 point)Responsesraw materialsraw...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use