Resource and Opportunity Cost Quick Check er must decide between purchasing a new television or a new computer. What limited resource is responsible for this trade-off decision? (1 producers have a limited number of televisions and computers. consumer has a limited amount of money available for purchases. consumer has a different benefit from each possible product. prof producers receive from each possible purchase.

The limited resource driving this trade-off decision is the consumer's available money for purchases. When faced with a choice between two desirable products, the budget constraints force the consumer to prioritize one item over the other, essentially weighing the benefits of each against their cost. Another important aspect is the concept of opportunity cost, which refers to what the consumer gives up when choosing one product over the other. In this case, if the consumer chooses to buy the television, the opportunity cost would be the enjoyment and utility gained from the computer that they forgo.