When a country's per capita income is below $10,000, consumers spend most of their income on:
A)food and other necessities.
B)higher education.
C)electronic appliances.
D)buying houses.
E)foreign travel.

Question

Quizplus · Accepted Answer

When a country's per capita income is below $10,000, consumers prioritize spending on essential needs such as food, due to limited financial resources.

When a Country's Per Capita Income Is Below $10,000, Consumers