Crystal wants the latest limited edition of Vogue magazine, but she needs to buy food for her family. Crystal prioritizes her needs over her wants. What will she most likely do?
A.
Purchase the groceries, because that is her need.
B.
Purchase the magazine, because it is a limited edition that she may not see again.
C.
Purchase the magazine before it becomes outdated.
D.
Purchase cheaper grocery items so she can still afford the magazine.
E.
Purchase neither groceries nor the magazine.
Answers
Answered by
1
Answer:
A
Explanation:
As it states in the proble, her priority is feeding her family
Answered by
1
A. Purchase the groceries, because that is her need.
Explanation:
- In economics, a need is something needed to survive while a want is something that people desire to have, that they may, or may not, be able to obtain.
- In order to find balance between needs and wants and needs, any person should have their needs priortised and met first and foremost. Necessities are things you just can’t live without. They keep you alive. You need them daily. These needs are found in a strong budget that succeeds or breaks out. Good food, clothing and good shelter are only three common needs, which a person has to live in a good life.
- It is important to prioritize and plan your budget in order to make sure you can save and spend your money in a disciplined manner. If you can not pay for your basic necessities such as food, clothing and refuge, you will definitely feel more disadvantaged.
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