Which of the following is an item that people are less likely to purchase, if their discretionary income is very low?
A)sweater
B)flour
C)milk
D)concert tickets

Name: Which of the following is an item that people are less likely to purchase, if their discretionary income is very low? A)sweater B)flour C)milk D)concert tickets
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Question

Quizplus · Accepted Answer

Discretionary income is the after-tax income a consumer has left after paying for necessities such as food, shelter, and clothing.A concert is not considered a necessity.

Which of the Following Is an Item That People Are