A. Trade-offs do not apply when the consumers purchase a product for which there is excess supply, such as with a stock clearance sale.
B. Any time you have to decide which action to take you are experiencing economic equity.
C. Every individual, no matter how rich or poor, is faced with making trade-offs.
D. Economics is a social science that studies the trade-offs we are forced to make because resources are unlimited.
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Home » Business » Which of the following statements is true? A. Trade-offs do not apply when the consumers purchase a product for which there is excess supply, such as with a stock clearance sale. B.