Answered

Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

Select all the correct answers.

Which two of the following are limitations to our spending?

A. Wants available to be satisfied
B. Cash available from income sources
C. Time available to make spending choices
D. Opportunity cost
E. Availability of products on the market

Sagot :

GinnyAnswer

Final answer:

Spending limitations include time constraints, opportunity cost, and product availability.


Explanation:

Time available to make spending choices is a limitation to spending as it is a scarce resource that affects how much can be accomplished within a set period.

Opportunity cost is another constraint, representing the value of the next best alternative given up when a decision is made.

Availability of products on the market can also limit spending choices if desired products are not readily accessible.


Learn more about Economic constraints on spending here:

https://brainly.com/question/34122069


Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.