Tag: trade-off curve

  • Difference Between Trade-off Curves and Opportunity Cost

    Difference Between Trade-off Curves and Opportunity Cost

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    by

    Bhavya Mangla

    “There are no solutions, there are only trade-offs.” ― Thomas Sowell Introduction When the alarm bell rings in the morning, either we wake up or we put the alarm on snooze. When we wake up, either we spend our fresh energy on social media like newspapers, Whatsapp, Facebook etc. or we can channel our energy through…