Trade-offs are alternatives that must be given up when one choice is made rather than another.

Question 6 options:

True

False

The answer is true.

Explanation:

A trade-off refers to a decision in which a quality or quantity is lost to obtain some benefits in other aspects. Thus, in a trade-off process, there is an increase in one thing and a decrease in another one. Tradeoffs also refer to the different configurations that belong to an item.

A trade-off can be considered as a strategic choice that is made knowing the different advantages as well as disadvantages related to each setup. In the economy, an example of a trade-off is when there is a decision to invest in some stocks, this is usually a risky decision but it could carry important profits. The term is also utilized in biology and in processes that include natural selection as well as sexual selection.