## What do you mean by space-time tradeoff?

In computer science, a space-time or time-memory tradeoff is a way of solving a problem or calculation in less time by using more storage space (or memory), or by solving a problem in very little space by spending a long time. A space-time tradeoff can be used with the problem of data storage.

## What does trade-off mean in business?

In economics, the term trade-off is often expressed as an opportunity cost, which is the most preferred possible alternative. A trade-off involves a sacrifice that must be made to get a certain product or experience. A person gives up the opportunity to buy ‘good B,’ because they want to buy ‘good A’ instead.

**Is time and space complexity same?**

Time complexity is a function describing the amount of time an algorithm takes in terms of the amount of input to the algorithm. Space complexity is a function describing the amount of memory (space) an algorithm takes in terms of the amount of input to the algorithm.

### What is the relation between the time and space complexities of an algorithm?

By definition, the Space complexity of an algorithm quantifies the amount of space or memory taken by an algorithm to run as a function of the length of the input. While Time complexity of an algorithm quantifies the amount of time taken by an algorithm to run as a function of the length of the input.

### What is an economic trade-off?

The term “trade-off” is employed in economics to refer to the fact that budgeting inevitably involves sacrificing some of X to get more of Y. With a fixed amount of savings, one can buy a car or take an expensive vacation, but not both. The car can be “traded off” for the vacation or vice versa.

**What are the different types of space trade-offs?**

Types of Space-Time Trade-off 1 Compressed or Uncompressed data 2 Re Rendering or Stored images 3 Smaller code or loop unrolling 4 Lookup tables or Recalculation

## What is the time space trade off in algorithms?

In this article, we will discuss Time-Space Trade-Off in Algorithms. A tradeoff is a situation where one thing increases and another thing decreases. It is a way to solve a problem in: Either in less time and by using more space, or

## Which is the best definition of a trade-off?

English Language Learners Definition of trade-off : a situation in which you must choose between or balance two things that are opposite or cannot be had at the same time US : something that you do not want but must accept in order to have something that you want

**Which is the best definition of a tradespace?**

A tradespace can be a multi-variant mathematical playspace used for identifying the optimal boundary spaces (the Pareto frontier) where the multiple variants have strong interdependencies.