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nearpod by renaissance
question 2 / 3
when albert decides that he will spend his money on a pair of basketball shoes instead of a new video game, he is
a. making a trade-off
b. creating an opportunity cost
c. evaluating a goal
d. making a smart goal
A trade-off is choosing one option over another when resources are limited. Albert chooses basketball shoes instead of a video game, which is a trade-off. Opportunity cost is the value of the forgone option, not the choice itself. SMART goals are specific measurable targets, and evaluating a goal is assessing an existing target, neither of which applies here.
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A. making a trade-off