Question

You have always thought that hiking in the Rocky Mountains would be fun. However, this activity would cost money and require time away from other activities. This situation best exemplifies:

Answer 1

Answer: trade off

Explanation:

A trade-off occurs when one has to reduce something or loose something for the person to enjoy another thing or gain from something else. During a trade off, an increase in a particular thing leads to a loss somewhere else.

Since the this activity would cost money and require time away from other activities. This is a trade off.