Monica's AP Macroeconomics Blog

Sunday, January 24, 2016

Trade-Offs

Definition: Alternatives that we give up whenever we choose one course of action over another opportunity.

  • The next best alternative
Posted by Unknown at 2:41 PM
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Blog Archive

  • ▼  2016 (35)
    • ►  May (6)
    • ►  April (3)
    • ►  March (5)
    • ►  February (7)
    • ▼  January (14)
      • Business Cycles
      • Important Things to Know About Supply
      • Elasticity of Demand
      • What Causes The PPC / PPF To Shift?
      • Three Movements of the PPC
      • Recognizing Points on a Graph
      • Production Possibilities
      • Trade-Offs
      • Four Factors Of Production
      • Scarcity Vs. Shortage
      • Goods Vs. Services
      • Needs Vs. Wants
      • Positive Vs. Normative Economics
      • Macroeconomics

About Me

Unknown
View my complete profile

Blog Archive

  • ▼  2016 (35)
    • ►  May (6)
    • ►  April (3)
    • ►  March (5)
    • ►  February (7)
    • ▼  January (14)
      • Business Cycles
      • Important Things to Know About Supply
      • Elasticity of Demand
      • What Causes The PPC / PPF To Shift?
      • Three Movements of the PPC
      • Recognizing Points on a Graph
      • Production Possibilities
      • Trade-Offs
      • Four Factors Of Production
      • Scarcity Vs. Shortage
      • Goods Vs. Services
      • Needs Vs. Wants
      • Positive Vs. Normative Economics
      • Macroeconomics
Ethereal theme. Theme images by konradlew. Powered by Blogger.