What is a trade-off? a factor of production a purchase in a marketplace any good or service a consumer needs an alternative that we sacrifice when we make a decision

The correct answer is D. An alternative that we sacrifice when we make a decision.

Explanation

"Trade-off" is a term to refer to the action of preferring an option or alternative in a group of possibilities, that is to say, is to decide to get something by sacrificing other available possibilities. An example of this is when you buy a shirt or a jacket because you can choose only one between different colors, textures, sizes, and more features; this implies you sacrifice other options or trade-off the option you selected against other options. So, the correct answer is D. An alternative that we sacrifice when we make a decision.

The impact inflation has on the time value of money is that it decreases the value of a dollar over time. ... If wages remain the same but inflation causes the prices of goods and services to increase over time, it will take a larger percentage of your income to purchase the same good or service in the future