**What is a Tradeoff?
We all make trade-offs every day, deciding how we’ll invest our time and money. Trade-offs occur when choosing one thing means we miss out on something else. Trade-offs are also a key part of economic theory and decision making.
TIMESTAMPS
00:00 - Introduction to Tradeoff
00:52 - Core economic theory
01:16 - Budgeting is one of the most obvious tradeoffs
01:53 - We all need a home office these days
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