Responses
Consumers must alternate purchases between wants and needs when resources are limited.
Consumers must alternate purchases between wants and needs when resources are limited.
Consumers must balance wants with needs when resources are limited.
Consumers must balance wants with needs when resources are limited.
Consumers must apply for unlimited credit to purchase all wants and needs when resources are limited.
Consumers must apply for unlimited credit to purchase all wants and needs when resources are limited.
Consumers can purchase all wants and needs, even when resources are limited.
1 answer
The most accurate response is:
Consumers must balance wants with needs when resources are limited.
This statement reflects the reality that when resources (such as money) are limited, consumers must make decisions about how to allocate those resources, prioritizing essential needs over non-essential wants. The other responses either suggest unrealistic solutions (like applying for unlimited credit) or imply a misunderstanding of resource management.
