Which of the following describe some of the trade-offs faced by a family deciding whether to buy a new car? Check all that apply. A. An increase in the family's car payment means the family will be unable to afford a vacation. B. The vehicle is available in several colors. C. A newer model offers better protection and functions but is more expensive than an older model.

Question

Business

Juliet Alvarez

15 March, 13:35

Which of the following describe some of the trade-offs faced by a family deciding whether to buy a new car? Check all that apply. A. An increase in the family's car payment means the family will be unable to afford a vacation. B. The vehicle is available in several colors. C. A newer model offers better protection and functions but is more expensive than an older model.

+5

Answers (1)

Know the Answer?

Ryker Jarvis · Answer 1

The correct answer is letter "A" and "C": An increase in the family's car payment means the family will be unable to afford a vacation; A newer model offers better protection and functions but is more expensive than an older model.

Explanation:

Trade-offs are the result of comparing what must be acquired with what should be given up to satisfy most of a need. While selecting a new vehicle, a family must consider its capacity, size, and price. Besides, they will have to evaluate all the could be left behind for incurring such expenses like buying a new piece of furniture of use of most members of the family, remodeling part of the house or going on a family vacation.