Which of the following are examples of limited resources on the part of consumers? A. Product and space
B. Money and product
C. Time and money
D. Space and time
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Which of the following are examples of limited resources on the part of consumers? A. Product and space
B. Money and product
C. Time and money
D. Space and time
The correct answer is C. Time and money.
Explanation: Limited resources refer to the constraints that consumers face when making choices. Time and money are two critical limited resources because individuals often have a fixed amount of both, which affects their purchasing decisions. Consumers must prioritize how they spend their time and money based on their needs and wants.