Ask Question
10 July, 14:56

Which of the following most accurately describes why trade-offs are necessary?

A. There are easily overlooked associated costs for many purchases.

B. The raw material for every good in the product market came from the input market.

C. Any choice involves sacrificing the alternatives that could have been chosen.

D. Nearly all the factors of production are final goods.

E. A portion of all business revenue must be spent on production costs.

+2
Answers (1)
  1. 10 July, 18:56
    0
    I think C
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following most accurately describes why trade-offs are necessary? A. There are easily overlooked associated costs for many ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers