Which impact occurred when the "boom" in the oil industry went "bust" in the late 1980s?
A. Most Texas oil companies began investing is renewable energy.

B. Other industries in Texas suffered economically.

C. Oil companies ramped up efforts to explore new sources of oil.

D. State tax revenues in Texas increased dramatically.​

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.  

ok

explanation:

a. i just did this quiz and the answer is a.