Question

MEDAL
When you make a choice, the experience from what would have been your second option is called

trade-off
supply
demand
opportunity cost
I think is trade-off

Answer 1

Ah, welcome back :)

Answer 2

Thank you can you help?

Answer 3

Yes, I can.

I don't believe it's trade-off. Give me a second

Answer 4

Do you have your own definitions for each choice?

Answer 5

ohh is it opportunity cost
?

Answer 6

thats my second opinion

Answer 7

"Making decisions requires trading off one item against another. In economics, the term trade-off is often expressed as an opportunity cost, which is the most preferred possible alternative. A trade-off involves a sacrifice that must be made to get a certain product or experience...."

"...an opportunity cost the loss of potential gain from other alternatives when one alternative is chosen."

I hope this helps some

Answer 8

Yes, I think it is opportunity cost

Answer 9

thank you for helping can you help me wit two more?

Answer 10

Maybe. I am not too good with history phrases, but I can try

Answer 11

thanks ill tag you