Question

Rina is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Rina has only 20 hours this week that she can devote to training. Each hour she spends swimming is an hour that she can't spend biking or running. Which basic principle of individual choice do these statements best illustrate?
A.Juanita can use time most efficiently by spending the same amounts of time on swimming, biking, and running.
B. People face trade-offs
C. People usually exploit opportunities to make themselves better off.
D. Juanita has an incentive to spend more time on swimming than on biking or running.

Answer 1

The basic principle of individual choice which these statements best illustrate is:

• B. People face trade-offs

What is Choice?

This refers to the ability of a person to make selections based on what he wants and what he can purchase.

With this in mind, we can see that Rina is training for a triathlon and because of this, she undergoes rigorous training and she makes use of her time effectively and this is an example of People face trade-offs

Read more about choices here:
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