trade-offs
Trade-offs refer to the sacrifices or compromises made when choosing between different options, where obtaining more of one desirable thing often means accepting less of another desirable thing.
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Related Concepts (2)
Similar Concepts
- compromise
- compromise strategies
- conflicting priorities
- consequences
- cost constraints
- economic rewards
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- hidden costs
- negotiation and compromise
- opportunity cost
- pareto efficiency in trade-offs
- sacrifices
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