The demand for which of the following will decrease most with a weak economy?

Question

Quizplus · Accepted Answer

Boats are a luxury item and not a necessity, so demand for them is directly related to consumer confidence and discretionary income. In a weak economy, people are more likely to cut back on non-essential purchases, such as boats. The demand for other items listed, such as cereal, bread, and paper towels, are less likely to be impacted as they are considered essential or daily use items.

The Demand for Which of the Following Will Decrease Most