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1. A consumer must decide between purchasing a new television or a new computer.
What limited resource is responsible for this trade-off decision?
A. The consumer has a different benefit from each possible product.
B. The consumer has a limited amount of money available for purchases.
2. What resources do consumers typically have in limited supply that forces them to make trade-off decisions in consumption?
A. natural resources, land, and labor
B. time, attention, and capital
C. time, money, and attention
D. money, labor, and capital
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1. A consumer must decide between purchasing a new television or a new computer.
What limited resou...
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