Why are trade-offs important? Explain
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A trade-off involves a sacrifice that must be made to obtain a desired product or experience. Understanding the trade-off for every decision you make helps ensure that you are using your resources (whether it's time, money or energy) wisely.
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in economic the term trade off is often experts as opportunity cost trade off involve the sacrifice that must be made to obtain the described product or experience understanding that rate of every decision you make help ensure that you are using your resources wisely
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