All consumers must make decisions that involve trade offs

1 answer:

8 0

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.

You might be interested in

Specialized behavior is found in which type of class?

Karo-lina-s [1.5K]

Psychology has to with that type of thing

7 0

3 years ago

Researchers in the early learning department of a university are conducting a long-term study to see how problem-solving skills

Sever21 [200]

Answer: The type of development that researchers are most likely to be studying is <em>cognitive development</em>.

Explanation:

This development focuses on problem solving, construction of thought processes, remembering, among others. This is followed from a person's childhood to their adulthood.

There are approximately 4 stages of this development in childhood. The stages are formal, concrete, sensorimotor, and preoperational. These are crucial things for a child to develop.

A few examples of impaired cognitive development are listed below:

1.) Having to read directions several times before understanding.

2.) Making mistakes frequently and having trouble when multitasking

3.) The person is easily distracted

4.) Having trouble learning to read

5.) It takes longer to do tasks and having trouble concentrating.

3 0

4 years ago

Balikan

AlladinOne [14]

Answer:

Medyo natitiyak kong hindi iyon isang sagot sa pagpipilian ng pagpipilian. Kailangan mo talagang gawin ang mga hakbang na iyon upang makumpleto ang takdang-aralin..

Explanation:

3 0

3 years ago

How do the men interpret certain events and items as signs of their fate? In what way is the man waving his shirt ironic?

ivolga24 [154]

Answer:

Men interpret certain events and items as signs of their fate.

Explanation:

'The Open Boat' by 'Stephen Crane' is story about four survivors who are stuck in a ten-foot lifeboat. They struggle with their fate and face death. They understand that man cannot change fate. They interpret few events as sign of their fate.

They see a lighthouse far off, which is used to warn ships in case there is a huge rock but in this case, men try to determine the rocks on their own and get no encouragement. They find no rescue.

In another situation they find a small village which they think may be abandoned being close to the sea. The windmill is standing tall but village has no people shows how nature is indifferent to humans.

The man on the shore waves his shirt thinking he is helping them by giving a signal but the men in the boat do not understand the signal. Thus, they are not rescued. They also become angry with the man on the shore. This is the irony of man waving the shirt.

4 0

3 years ago

Identify the indefinite pronoun in this sentence. My aunt and uncle live somewhere in southern Florida near the beach.

Jet001 [13]

The word “somewhere” would be the indefinite pronoun

7 0

3 years ago

Read 2 more answers