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snow_lady [41]
3 years ago
9

Explain why the right trade-offs are important for your spending. Give five examples of trade-offs you might have to make when y

ou first graduate from high school. Rank these in order of importance and tell why you ranked them in that order.
Social Studies
1 answer:
torisob [31]3 years ago
6 0

Answer:

In economics, a trade-off is defined as an "opportunity cost." For example, you might take a day off work to go to a concert, gaining the opportunity of seeing your favorite band, while losing a day's wages as the cost for that opportunity.

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