1
QuizMultiple Choice

Introduction to Economics — Test

Question 1 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

Answer
A
a tradeoff.
B
unexpected risk.
C
minor consequences.
D
a cause.

Explanation

A tradeoff occurs when choosing one option means giving up a benefit from another option. If Samira stays on the freshman team, she may give up the chance to pursue a scholarship opportunity. That choice and its possible cost illustrate a tradeoff.

AI-written and checked against the verified answer.

Next