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What is the relationship between decisions and trade-offs?
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04-06-2024
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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-06-04T13:07:03-04:00

Final answer:

Decisions involve trade-offs as individuals choose between options, considering the scarcity of resources.

Explanation:

Decisions involve selecting one course of action over another, leading to trade-offs where individuals must give up something to gain something else. Trade-offs are essential due to scarcity of resources, forcing actors to make choices with opportunity costs.

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