What overall trade-off defines the selection process for rocket propellants?

Answer

The desire for maximum performance must be carefully weighed against the unavoidable penalties of complexity, cost, and risk.

Engineers must balance the quest for high energy density and performance against the engineering burdens, increased failure points, and logistics costs associated with the chemical properties and required phase state of the chosen propellants.

What overall trade-off defines the selection process for rocket propellants?
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