A trade-off involves weighing:
A)social costs.
B)private costs.
C)external costs.
D)costs and benefits.

Question

Quizplus · Accepted Answer

In a trade-off, it is important to weigh both costs and benefits to determine the best choice. This allows for a comprehensive analysis that considers all factors and potential outcomes. While social, private, and external costs may be relevant, they should all be part of the larger cost-benefit analysis. Therefore, the most appropriate choice is D, which incorporates all relevant costs and benefits.

A Trade-Off Involves Weighing