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riadik2000 [5.3K]
2 years ago
11

The principle that people face tradeoffs applies to:.

Business
1 answer:
svetoff [14.1K]2 years ago
5 0

The principle that people face tradeoffs applies to individuals, families and societies.

<h3>What does tradeoff mean?</h3>

Tradeoff is an economic term which means that when a person chooses a particular decision, he forgoes other decisions. For example, if a doctor leaves his job to travel the world. He is trading off the income he would earn from working as a doctor to enjoy travelling the world.

Here is the complete question:

The principle that "people face trade-off" applies so:

a) Individuals.

b) Families.

c) Societies.

d) All of the above are correct.

To learn more about tradeoffs please check: brainly.com/question/26315727

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Answer: A. The inability of a plant asset to meet its demands.

Explanation:

When something is said to be inadequate, it means that it is not in enough quantity or rather lacks the capacity to perform the tasks that it is needed for.

The same goes when this is being spoken in relation to an asset. A plant asset that is inadequate is unable to meet the demands that it was acquired for.

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2 years ago
When the price of a good increases, it undoubtedly hurts individual consumers, since they now have to pay more for a particular
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Answer:

The answers that apply are:

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Hunting is a practice that governments are trying to control and decrease.  So if government want to decrease the amount of people hunting they should increase the price of the licence.

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3 years ago
Kendra has a difficult project due for her chemistry class next week. What time-wasting activity should she make sure she does n
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Procrastinating
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3 years ago
TB MC Qu. 08-104 Marlow Company purchased a point of... Marlow Company purchased a point of sale system on January 1 for $3,400.
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$680

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2 years ago
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Maksim231197 [3]

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