Question Info

This question is public and is used in 258 tests or worksheets.

Type: Multiple-Choice
Category: Economics
Level: Grade 12
Score: 1
Author: rbanks59
Last Modified: 8 years ago

View all questions by rbanks59.

Economics Question

View this question.

Add this question to a group or test by clicking the appropriate button below.

Grade 12 Economics

A trade-off is
  1. the extra cost of adding one unit.
  2. the alternatives we give up when we choose one action over another.
  3. a process in which you compare what you will give up and gain from an action.
  4. the money a person makes.