With production of 50 units of entertainment and 150 units of good food, the people of leisure island _______.

Question

24-08-2022
Social Studies

Answered

With production of 50 units of entertainment and 150 units of good food, the people of leisure island _______.

Answer :

Other Questions

Which of the following is an aspect of culture? 1) using American Sign Language 2) watching the Super Bowl game 3) eating in fast-food restaurants 4) all of the

Chinese Transnational Policing Gone Wild 110 Overseas ，The last decade has witnessed the rapid spread of telecom and online fraud globally, which seriously infr

In what ways has the marginalization of the lubicon people been magnified by globalization? create a list of the positive and negative impacts of globalization

Psychotherapy and the highly sensitive person: improving outcomes for that minority of people who are the majority of clients pdf

i what ways did the people of france assert their nationalist vision

About 10–15 percent of poor readers can decode and read individual words quickly and well and can spell accurately—yet struggle to comprehend the meanings of pa

The shakuhachi has a varied history as a solo meditation instrument, a member of the gagaku orchestra, a crucial part of sankyoku, and a participant in jazz and

Why do we have three branches of government? the founding fathers did not want one small group to have too much power. They felt that this would put the country

88op 88op · Answer 1 · 2022-09-04T00:50:31-04:00

With the production of 50 units of entertainment and 150 units of good food, the individuals of the leisure island do not face a tradeoff

What is Tradeoff?

A trade-off is a situational choice where one quality, quantity, or feature of a set or design is diminished or lost in exchange for gains in other areas. In plain English, a tradeoff occurs when one item gets better while another must go worse.

In economics, the phrase "trade-off" is used to describe how budgeting invariably entails giving up some of X to obtain more of Y. One can only buy a car or go on a pricey vacation with a certain amount of savings. The trip or the car can be "traded off" for one another. This idea teaches us to use resources sparingly and effectively while also keeping us vigilant for new resources that could satiate our needs.

The need to make trade-offs influences how we feel about the choices we must make, but more importantly, it has an impact on how satisfied we are with the choices we make in the end. One of the most fundamental concepts in economics is the concept of trade-offs, which states that in order to have more of one thing, you must be willing to accept having less of another.

Hence, With the production of 50 units of entertainment and 150 units of good food, the individuals of the leisure island do not face a tradeoff.

To learn more about Tradeoff refer to:

https://brainly.com/question/7072776

#SPJ4