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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


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