A consumer must decide between purchasing a new television or a new computer. What limited resource is responsible for this trade-off decision?(1 point)

Question

Responses

The profit the producers receive from each possible purchase.
The profit the producers receive from each possible purchase.

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

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

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

Answer 1

The correct response is:

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

This limited financial resource necessitates the trade-off decision between purchasing one item over the other.