Answered

Why does a person make trade-offs?

Select one:

A. Trade-offs are made for economies to grow.

B. Trade-offs are made to overcome scarcity.

C. Trade-offs are made to overcome desires.

D. Trade-offs are made in order to make choices.



Answer :

GinnyAnswer

Final answer:

Trade-offs are decisions made to gain one benefit at the expense of another, driven by scarcity and opportunity costs.


Explanation:

Trade-offs are decisions where one benefit is given up to gain another. In economics, trade-offs are necessary due to scarcity, forcing individuals and businesses to make choices with opportunity costs. Every choice involves trade-offs and has a cost.


Learn more about Trade-offs in economics here:

https://brainly.com/question/31022429


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