Which of the Following Is Not an Example of an Economic

question 158

Multiple Choice

Which of the following is not an example of an economic trade-off that a firm has to face?

• A)whether it is cheaper to produce with more machines or with more workers
• B)whether it is to outsource the production of a good or service
• C)whether or not consumers will buy its products
• D)whether it should produce more of its product

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Definitions:

Present

The period of time now occurring or being considered, often distinguished from the past and future.

Past

Refers to all events, experiences, and actions that have occurred before the present time, shaping historical context and individual or collective memories.

Future

The time or a period of time following the moment of speaking or writing; time regarded as still to come.

Mindfulness

The practice of being aware and present in the moment without judgment.