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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 profit the producers receive from each possible purchase.

b) The producers have a limited number of televisions and computers.

c) The consumer has a limited amount of money available for purchases.

d) The consumer has a different benefit from each possible product.

1 answer

c) The consumer has a limited amount of money available for purchases.
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