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Sagot :
Answer: tradeoffs
Explanation:
If we are given two or more alternative choices each is associated with benefits and limits then if we choose one alternative then we have to bear the opportunity cost of the loss occurs due to benefit of other alternatives not chosen. A trade-off can be defined as a situational decision in which in an attempt to gain in return one has to loose one quality or quantity or beneficial property. So, the trade off involves the decisions for making choices which may involve benefit or loss.
Tradeoffs is one method for studying opportunity cost.
What is Tradeoffs?
Tradeoff is a decision made by an individual that involves losing one quality,job opportunity, quantity, or property to get a return or gains from another aspects or area.
Tradeoffs is letting one opportunity go while we consider a new one that will be more better than the previous engagement.
Therefore, tradeoffs is one method for studying opportunity cost.
For more information on tradeoffs kindly check https://brainly.com/question/7072776
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