Which of the following is the best example of a trade-off?(1 point)

Question

Responses

A consumer has $50 to spend but must choose between buying a new $50 jacket or going out for a $50 dinner.
A consumer has $50 to spend but must choose between buying a new $50 jacket or going out for a $50 dinner.

A consumer has $50 but wants to buy two pairs of shoes that each cost $50.
A consumer has $50 but wants to buy two pairs of shoes that each cost $50.

A consumer has three hours on a Friday evening and wants to do something fun in that time.
A consumer has three hours on a Friday evening and wants to do something fun in that time.

The owner of a construction company has 20 workers who help build a house.

Answer 1

The best example of a trade-off is:

A consumer has $50 to spend but must choose between buying a new $50 jacket or going out for a $50 dinner.

This scenario illustrates a trade-off because the consumer cannot afford both options with the limited amount of money they have. Choosing one option means forgoing the other, which directly demonstrates the concept of a trade-off.