In producing goods and services,trade-offs exist between different items because

Question

Quizplus · Accepted Answer

Trade-offs exist because society has a limited amount of productive resources. This means that choices must be made about how to allocate those resources between different goods and services, leading to a trade-off between different items. Choices must be made due to scarcity, which is a fundamental economic principle. Therefore, option D is the best choice.

In Producing Goods and Services,trade-Offs Exist Between Different Items Because