Economists state that every decision involves trade-offs. economists measure and define these trade-offs as:

Answers

Answer 1
Answer: The choices can be found elsewhere and as follows:

a) productions possibilities curve
b) paradox of value
c) circular flow of economic activity
d) opportunity costs

I think the correct answer is option A. Economists measure and define these trade-offs as productions possibilities curve. Hope this answers the question. Have a nice day.

Related Questions

The two holiest cities is Islam are Mecca and Medina Medina and Joel same t/f
People often refer to taxes in terms of their being much too high. In reality, they are probably even higher than you think, because in addition to the federal income tax, there are many other Federal, State, and local taxes, including sales taxes, inheritance taxes, state income taxes, personal property taxes, real estate taxes, and others.These are just some of the most obvious ones.a. Taxes are much too high. b. We pay more taxes than we may realize. c. Inheritance taxes and real estate taxes are unfair. d. Some taxes are hidden.
Amy wants to enhance her credibility with her audience because she is faced with a big challenge in changing attitudes about a needle exchange program for the inner cities' drug problem. Which of the following is unlikely to enhance her credibility?a. expressing rage over the terrible plight of drug addicts to demonstrate her intense commitment to changeb. exhibiting a keen interest and enthusiasm for the subjectc. citing sources of evidence to support claims maded. speaking fluently
What statement best describes Jefferson's attitude towards government?A. he wanted a larger and more powerful governmentB. he wanted a smaller federal government with reduced Texas, Military and bureaucracy C. he believed that a government wasn't needed to run the United StatesD. he wanted to keep the woman the same as it is under the Federalistsim dubble minded in this question .. thankyou in advance :)
What are the steps taken by the Indian government to protect the Taj Mahal? Why?

Costs that fluctuate based on production levels achieved are called ________ costs.Answer
market-driven
overhead
fixed
variable

Answers

The correct answer for the question that is being presented above is this one: "variable." Costs that fluctuate based on production levels achieved are called variable costs. A variable cost refers to the corporate expense that varies with the output of the production. 

From information we know about seventeenth-century reactions to the plague, we can infer that?a. the growth of scientific advancement helped alleviate the spread of the disease.
b. people relied more on religion, magic, and superstition than on science to deal with the disease.
c. the epidemic, while devastating, provided economic opportunities for a lucky few.
d. the cataclysmic effects of massive death led to increased social order and organization.

Answers

The right answer for the question that is being asked and shown above is that: "b. people relied more on religion, magic, and superstition than on science to deal with the disease." From information we know about seventeenth-century reactions to the plague, we can infer that people relied more on religion, magic, and superstition than on science to deal with the disease.

Dara is always on the move! she has a hard time sitting still in her desk at school and often has difficulty finding classmates to play with because she misses social cues and is impulsive. based on this, dara is most likely to be diagnosed with

Answers

I believe the answer is: attention-deficit/hyperactivity disorder.

It most commonly known as ADHD. This disorders make the victims unable to focus on a single task due to strong impulses to constantly moved and do many different thigs at once.  ADHD could be easily managed by consuming drugs such as Adderall and ritalin

As defined in cpg 101, the first step in the emergency planning process is to:

Answers

101 provides guidance for developingemergency operations plans. It promotes a common understanding of the fundamentals of risk-informed planning and decision making to help planners examine a hazard or threat and produce integrated, coordinated, and synchronized plans.[PDF]Emergency

Fill in the blank: After laboring for seven years, the group produced one of the great works of English literature. _________________ has been called the only classic ever created by a committee.a. Queen Elizabeth s Speech
b. Gulliver s Travels
c. The Canterbury Tales
d. The King James Bible

Answers

Answer: D. The King James Bible

The King James Bible is considered to be one of the best works of English literature. It was created after seven long years of laboring and was popularly tagged as the only classic that was made by a committee.

What are the parts of a budget?

Answers

Answer:

Income. The most basic element of all budgets is income. ...

Fixed expenses. Fixed expenses are those expenses over which you have little control or are unchangeable. ...

Flexible expenses. ...

Unplanned expenses and savings.

Explanation: