Which of the following is a good example of a tradeoff? Groups that represent a

Question

Which of the following is a good example of a tradeoff?

Groups that represent a variety of conflicting interests are all allowed to protest outside Congress and the White House  

The government pleases environmental activists by reintroducing wolves to Yellowstone National Park but angers ranchers by placing their cattle in danger

The government pleases oil companies by allowing them to drill on lands set aside for conservation but allows environmental activist groups to protest the drilling operations

C The government pleases environmental activists by preserving public lands but also pleases ranchers by allowing them to rent public lands for grazing purposes

A member of Congress accepts a campaign contribution from an energy company but also agrees to meet with a citizens group concerned about energy costs   

Groups that represent a variety of conflicting interests are all allowed to protest outside Congress and the White House  

The government pleases environmental activists by reintroducing wolves to Yellowstone National Park but angers ranchers by placing their cattle in danger

The government pleases oil companies by allowing them to drill on lands set aside for conservation but allows environmental activist groups to protest the drilling operations

C The government pleases environmental activists by preserving public lands but also pleases ranchers by allowing them to rent public lands for grazing purposes

A member of Congress accepts a campaign contribution from an energy company but also agrees to meet with a citizens group concerned about energy costs   

Explanation / Answer

Solution: The government pleases environmental activists by preserving public lands but also pleases ranchers by allowing them to rent public lands for grazing purposes

Explanation: The term trade-off, in economics, is usually expressed as an opportunity cost, which is the most preferred available alternative. It involves a sacrifice that need to be made to get a specific product or experience. Thus, trade-off is where one thing increases however another must be decreased. In the current scenario government is increasing public lands for grazing purposes but also decreasing public lands preserving

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