Sets (67)
Classes (0)
Trade Offs definitions
| # | Definition | Sets |
|---|---|---|
| 1 | alternative choices | 173 sets |
| 2 | alternatives that must be given up when one is chosen rather than another | 142 sets |
| 3 | all the alternatives that we give up whenever we choose one course of action over another | 61 sets |
| 4 | a balancing of risks and benefits caused from an action | 27 sets |
| 5 | all the alternatives that we give up whenever we choose one course of action over another. | 24 sets |
| 6 | what is given up in order to compromise or the consequences of making a deal. | 18 sets |
| 7 | scarce resources imply that individuals, firms, and governments are constantly faced with difficult choices that involve benefits and costs | 16 sets |
| 8 | an alternative we sacrifice when we make a decision | 16 sets |
| 9 | alternatives that must be given up when one is chosen rather than another. | 16 sets |
| 10 | giving up one thing in favor of another | 15 sets |
| 11 | an alternative that we sacrifice when we make a decision | 14 sets |
| 12 | scarce resources imply that individuals, firms, and governments are constantly faced with difficult choices that involve benefits and costs. | 13 sets |
| 13 | inescapable compromises between traits | 13 sets |
| 14 | producing more of one good or service means producing less of another good or service | 13 sets |
| 15 | sacrificing one good or service to purchase or produce another | 11 sets |
| 16 | exchanging one thing for the use of another | 10 sets |
| 17 | the idea that because of scarcity, producing more of one good or service means producing less of another good or service | 9 sets |
| 18 | an exchange that occurs as a compromise | 9 sets |
| 19 | alternative choices. | 9 sets |
| 20 | what is given up in order to compromise or the consequences of making a deal | 9 sets |
| 21 | compromises | 9 sets |
| 22 | an economic choice businesses must make | 8 sets |
| 23 | mutually exclusive goals demand that, to achieve one, we must sacrifice another | 8 sets |
| 24 | alternative that must be given up when one choice is made rather than another | 8 sets |
| 25 | what must be given up to acquire something else | 7 sets |
| 26 | the alternative someone gives up when making an economic choice | 7 sets |
| 27 | a balance achieved between two desirable but incompatible features; a compromise | 7 sets |
| 28 | the president is generally forced to make these when preparing the budget, due to scarcities of resources, especially money. | 6 sets |
| 29 | when an item is chosen over an other to promote maximum benefit with minimum cost. | 6 sets |
| 30 | all the alternatives given up when a choice is made | 6 sets |
| 31 | the alternative you face if you decide to do one thing rather than another | 6 sets |
| 32 | when you give up something to have something else. | 6 sets |
| 33 | -this is what is given up when one course of action is chosen over another -trade-offs create opportunity costs | 5 sets |
| 34 | the act of giving up one benefit in order to gain another, greater benefit | 5 sets |
| 35 | actively choosing between two different things | 5 sets |
| 36 | an exchange of one thing in return for another, giving up one benefit or advantage for another regarded as more desirable; an exchange that occurs as a compromise. | 5 sets |
| 37 | to achieve one we must sacrifice another | 5 sets |
| 38 | alternative choices made by consumers in the marketplace | 4 sets |
| 39 | a balancing of factors; getting one thing at the cost of another | 4 sets |
| 40 | the sacrifice of some or all of one economic goal, good, or service to achieve some other goal, good, or service | 4 sets |
| 41 | the negative input/output that we accept to get the positive output | 4 sets |
| 42 | fórnarkostnaður | 4 sets |
| 43 | alternative choices, whenever they make an economic decision | 4 sets |
| 44 | all the alternatives that we give up when we choose something over another. | 4 sets |
| 45 | the sacrifice of some or all of one economic goal, good, or service to achieve some other goal, good, or service. | 4 sets |
| 46 | all the possible alternatives that are rejected when a choice is made | 4 sets |
| 47 | choices between alternatives with the understanding that using resources for one purpose must be at the expense of another purpose. | 4 sets |
| 48 | occur when activities are incompatible. i.e. losing credibility by offering low cost options etc | 3 sets |
| 49 | all of your choices or alternatives that must be given up | 3 sets |
| 50 | alternative that is available whenever a choice is to be made | 3 sets |
| 51 | an exchange that occurs as a compromise; "i faced a tradeoff between running and spending time with my family. so i ran with my family" | 3 sets |
| 52 | the imperfect and sometimes problematic responses that we must at times choose between when addressing complex problems | 3 sets |
| 53 | when we select one thing over another as a result of our scarce resources. individuals and businesses constantly make tradeoffs. ex: guns and butter | 3 sets |
| 54 | the alternatives you face if you decide to do one thing rather than another | 3 sets |
| 55 | all the alternatives that we give up whenever we choose one course of action over others | 3 sets |
| 56 | sacrificing one good or service to purchase or produce another. | 3 sets |
| 57 | a consequence of devoting limited time, energy, or materials to one structure, function, or behavior at the expense of another | 3 sets |
| 58 | what you can't do b/c of the option you chose. | 3 sets |
| 59 | exchanging one thing for the use of another, making unavoidable choices, because of the problem of scarcity | 3 sets |
| 60 | an exchange of one thing in return for another, especially relinquishment of one benefit or advantage for another regarded as more desirable | 3 sets |
| 61 | when time, energy, nutrients are used for one thing they cannot be used for another | 3 sets |
| 62 | one of two things (one or the other) | 3 sets |
| 63 | alternative choices, whenever they make an economic decision. | 3 sets |
| 64 | example: must replant or protect forests in return for cutting down trees for paper products | 3 sets |
| 65 | the reality of scarce resources implies that individuals, firms, & gov'ts are constantly faced w/ difficult choices that involve benefits & costs | 3 sets |
| 66 | giving up one things in favor of another | 3 sets |
| 67 | all people face __________. the classic example of this in society is the _________ between "guns and butter" and that between efficiency and equality. | 3 sets |
| 68 | all of the alternatives we sacrifice when we make a decision | 2 sets |
| 69 | choosing among alternatives to satisfy allocation | 2 sets |
| 70 | to get something that is desired, it is necessary to sacrafice something else because of scarcity | 2 sets |
| 71 | result from opportunity cost decisions | 2 sets |
| 72 | the exchange of one benefit/advantage for another that is thought to be better | 2 sets |
| 73 | are all the alternatives that we give up whenever we choose one course of action over others. | 2 sets |
| 74 | everything given up | 2 sets |
| 75 | -you can't have maximum reach, frequency, and continuity because you don't have maximum budget -have to decide which is important for each campign | 2 sets |
| 76 | decisions to emphasize some dimensions of the expense of others | 2 sets |
| 77 | when organisms allocate their limited energy or other resources to one structure or function at the expense of another. | 2 sets |
| 78 | inescapable compromises between traits; for example: egg size vs. egg number - larger the egg, the small the batch, larger egg allows for better quality, mothers that produce the intermediate numbers of mid-sized offspring are most fit --> all leads to adaptation vs. acclimatization | 2 sets |
| 79 | combined parts of each choice. | 2 sets |
| 80 | alternative choices people face whenever they make economic decisions | 2 sets |
| 81 | flexibility trade off with delivery. cost trade off with quality. | 2 sets |
| 82 | all alternatives that we give up whenever we choose one course of action over another. | 2 sets |
| 83 | the exchange of one benefit or advantage for another that is thought to be better | 2 sets |
| 84 | like compromises, happens when you choose to give up one thing so that you can have something else instead | 2 sets |
| 85 | an exchange of one thing in return for another | 2 sets |
| 86 | exchange involving compromise | 2 sets |
| 87 | what you give up something to have something else | 2 sets |
| 88 | an exchange of one thing in return for another, giving up one benefit or advantage for another regarded as more desirable | 2 sets |
| 89 | the exchange of one thing in return for another, giving up one benifit or advantage for another regard that is more disirable, an exchange that occurs as a compromise | 2 sets |
| 90 | what you gave up when you made your decision. ex: sleep for school. | 2 sets |
| 91 | the reality of scarce resources implies that individuals, firms, and governments are constantly faced with difficult choices that involve benefits and costs | 2 sets |
| 92 | fill in | 2 sets |
| 93 | alternatives that we sacrifice | 2 sets |
| 94 | the existence of both a fitness benefit and a fitness cost of a mutation or character state, relative to another | 2 sets |
| 95 | all the things you give up once a decision has been made | 2 sets |
| 96 | losses and benefits of your decision | 2 sets |
| 97 | alternative choices when making an economic decision | 2 sets |
| 98 | alternatives that we give up whenever we choose one course of action over others | 2 sets |
| 99 | alternative choices we give up when we choose one course of action over another | 2 sets |