Different types of trade-offsIn business and finance, there are many different types of trade-offs. Here are some examples. Investment decisionsWhen organisations make investments, they typically also create an investment strategy to help them make appropriate investment decisions. The strategy aims to...
Examples are automatically compiled from online sources to show current usage.Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.Send us feedback. Just like Texans and New Yorkers, biofilms weigh thetrade-offsof horizonal versus vertical growth.— ...
Examples of Trade-Offs Does each of the following scenarios describe an economic trade-off? Why or why not? After completing your undergraduate studies, you are trying to decide if you should enter the workforce or continue your education in graduate school. By going into the workforce, you ...
Examples from the Corpus trade-off•Inflation is often atrade-offfor healthy economic growth.•It is very beneficial to work for yourself, but there aretrade-offs.•Of course, there are technical and economictrade-offsassociated with scale.•You maketrade-offsto stay sane.•However, tak...
Examples from the Corpus trade-off•Inflationis often atrade-offforhealthyeconomicgrowth.•It is verybeneficialto work for yourself, but there aretrade-offs.•Of course, there aretechnicaland economictrade-offsassociatedwithscale.•You maketrade-offstostaysane.•However, takingaccountofdignity...
Trade-offs in ES can be classified along three axes: spatial scale, temporal scale, and reversibility. Spatial scale refers to whether the effects of the trade-off are felt locally or at a distant location. Temporal scale refers to whether the effects take place relatively rapidly or slowly. ...
According to economics, trade-offs are unavoidable because every decision creates an opportunity cost. This means that if a person selects one option,... Learn more about this topic: Trade-Off in Economics | Definition, Theory & Examples ...
What is a trade-off in economics? Learn the trade-off definition and see examples of trade-offs. See trade-off vs. opportunity cost and how they relate. Related to this Question Which of the following describe some of the trade-offs faced by a family deciding whether ...
each of these actions can have negative consequences for an economy. There are always trade-offs. For example, tariffs often lead to inflation and higher consumer prices. Devaluing a currency is obviously inflationary as well and wipes out people's savings. A trade deficit on its own is not ...
In simple words, you get something you want by abandoning something else you want when the resources are scarce, and this is the definition of the "people face trade-off" economics principle. Here are some examples where this principle is being applied: Assuming you now are having a test, ...