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Which of the following is related to the concept of trade-off used in economics? a. Giving up one good or activity in order to obtain

Which of the following is related to the concept of trade-off used in economics?

a. Giving up one good or activity in order to obtain some other good or activity

b. Paying tuition to attend college

c. Paying a high price for a movie ticket on the first day of screening

d. Having your cake and eating it too

e. Not having enough information available to make a rational decision

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