In order for Ireland to grow more potatoes,wool production must decrease.This situation is an example of

Question

Quizplus · Accepted Answer

This situation involves making a tradeoff between two goods, i.e., potatoes and wool. To produce more potatoes, resources that are currently being used to produce wool must be diverted, which results in a decrease in wool production. This represents a tradeoff between the two goods. Therefore, option D, a tradeoff, is the best choice.

In Order for Ireland to Grow More Potatoes,wool Production Must