QUESTION IMAGE
Question
every economic decision has
only positive benefits.
gained opportunities.
unavoidable limitations.
a consequence or tradeoff.
In economics, the concept of trade - offs (or opportunity cost) is fundamental. Every economic decision involves choosing one option over others, and this choice means giving up the benefits of the foregone alternatives. So, every economic decision has a consequence or trade - off. The option "only positive benefits" is wrong because economic decisions can have costs (negative aspects) too. "Gained opportunities" is not the right way to describe the nature of economic decisions as decisions involve giving up something. "Unavoidable limitations" is not the core concept related to economic decision - making as the key is trade - offs.
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a consequence or tradeoff.