John is an athlete. He has $120 to spend and wants to buy either a heart rate monitor or new running shoes. Both the heart rate

Question

3 years ago

15

monitor and running shoes cost $120, so he can only buy one. This illustrates the principle that

1 answer:

pshichka [43] · Answer 1 · 2022-08-15T03:44:37+03:00

8 0

Answer:

a scale of preference has to be drawn.

Explanation:

This is an economic concept where a choice is made between two or more items based on the order of importance.