What are trade-offs and opportunity costs give examples?

STARBUCKS. Starbucks owes its initial success to a unique strategic position involving clear trade-offs. Mixing Low-Quality Beans -Initially, to combat price war, Maxwell coffee house added a tiny amount of robusta beans in their existing coffee blend made from Arabica beans(Higher Quality beans).

1) after opening the eye at first and of deciding that this world is our rival or a friend . 2) choosing the streams English or commerce or Science. 3) death as the trade off that we have to face in our life.

Whenever you make a trade-off, the thing that you do not choose is your opportunity cost . To butcher the poet Robert Frost, opportunity cost is the path not taken (and that makes all the difference). You bought that bike? Then the snowboard was your opportunity cost.

Trade-offs represent the costs paid in the currency of fitness when a beneficial change in one trait is linked to a detrimental change in another . If there were no trade-offs, then selection would drive all traits correlated with fitness to limits imposed by history and design.