DeShaun traded Maureen his bag of chips in exchange for her strawberry yogurt at the school cafeteria. The phrase "trade-off" most accurately describes what DeShaun and Maureen did.
When you exchange all or a portion of one thing for another or come to an agreement between two things, you are making a trade-off.
In economics, a trade-off is referred to as a "opportunity cost." For instance, you might take a day off of work to go to a concert, giving up the chance to see your favorite performer but having to forgo a day's pay in exchange.
One of the most fundamental concepts in economics is the concept of trade-offs, which states that in order to have more of one thing, you must be willing to tolerate having less of another. This idea teaches us to use resources sparingly and effectively while also keeping us vigilant for new resources that might satiate our needs.
To learn more about trade-off
https://brainly.com/question/10895386
#SPJ4
