All consumers must make decisions that involve trade offs

1 answer:

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All decisions involve trade-offs. Trade offs are the alternatives one gives up whenever one chooses one course of action leaving out out all other alternative courses of action.

Trade-offs are practically found in all economic decisions. For instance, when one chooses to take a special cup of cappuccino for $330, this excludes spending this amount of cash on tea or fruit juice. When you choose to buy an expensive piece of art, you will have to spend more money towards maintenance and security of the painting. If you decide to work in a far-off city due to better pay there, you spend less time with family and friends in your hometown.

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Economics is the study of how society manages its a. limited wants and unlimited resources. b. unlimited wants and limited resou

tekilochka [14]

Answer:

b. unlimited wants and limited resources.

Explanation:

There are different definitions of economics. Some say it´s a science that studies the production, distribution and consumption of good and services. Another definition refers to the theories and models that govern the market process. But definitely, economics must strike a balance between a society´s wants - that may be unlimited - and the limited resources available.

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2 years ago

Telluride Ski Resort in Telluride, Colorado, is a world-class ski destination. Taylor is a newly-hired manager of digital media

Butoxors [25]

Answer: The correct answer is: "Telluride Ski Resort in Telluride, Colorado, is a world-class ski destination. Taylor is a newly-hired manager of digital media and electronic marketing for Telluride. Taylor remembers reading about a new trend in video marketing, using <u>amateur filmmakers</u> to engage and create a community of customers.

Explanation:

Amateur filmmaking refers to videos, films, or any kind of audiovisual material created by inexperienced people. In general, the material produced by amateur filmmakers is low-quality, however, sometimes good content is produced. Taylor's idea is using the videos recorded by customers, during their visit at Telluride Ski Resort, in order to engage others and create an amateur filmmaking community.

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3 years ago

Hailey plans a family reunion at the lake and wants it to be perfect. With over 50 people attending, though, things do not go ex

const2013 [10]

Answer: c) Be flexible during new situations.

Explanation:

According to the mentioned situation in question, Hailey should persist flexibility in the in her future plans and situation so that she does not face stress and difficulty in handling the plans.If she stays stiff and constant for only prepared situations then it will create issues for her if the change in situation occurs.Thus, flexibility in future situations should present in Hailey.

Other options are incorrect because guest list , neglecting commitments and opting representatives for the responsibilities are not the correct steps for planning the future situation. These all factors are required along with flexibility characteristic as it will helps the most. Thus,the correct option is option (c).

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3 years ago

Should the government pay for all peoples college ?

Maslowich

Answer:

no in my apinon

Explanation:

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Nationalism in Europe rose during the 1800s as a result of political turmoil. The French and American revolutions played a major role in giving the existing European populations the courage to unite in order to overthrow the existing governing structures and develop new governmental structures based on liberty and national identity. The core essence of Nationalism is that of national identity. People of a similar culture or race or religion group together to form a cohesive unit based on their similarities.

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3 years ago