For firms or individual households, desired expenditure is
A)always greater than planned expenditure.
B)not a useful concept because it cannot be measured.
C)always greater than actual expenditure.
D)not relevant because human wants are unlimited.
E)what they plan on spending, given the resources at their command.

Question

Quizplus · Accepted Answer

Desired expenditure refers to what individuals or firms plan on spending, given the resources at their command. It is not always greater than planned expenditure or actual expenditure and is a relevant concept, despite human wants being unlimited.

For Firms or Individual Households, Desired Expenditure Is