Register
Consumers must forgo certain goods and services based on a limited budget because:_________
215k views
0 votes
Consumers must forgo certain goods and services based on a limited budget because:_________

User Matt West
by
4.2k points

1 Answer

3 votes

Answer:

Choice

Step-by-step explanation:

Because resources are limited, a consumer must choose the most preferred of all goods and services he/she wants among alternatives.

User Mohit Mathur
by
4.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.8m answers

Other Questions

Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
If Morgan worked 15 hours last week and is paid $10 per hour the amount of money she makes before taxes and other expenses are taken out is called: A. Net revenue B Net pay C Gross revenue D Gross pay
Link Copied!