Question

Examine the pairs below. Select the pair that represents spending needs.(1 point) Responses an apple and a toothbrush an apple and a toothbrush Nike Air Jordans and Converse Nike Air Jordans and Converse a glass of water and a filet mignon a glass of water and a filet mignon basketball at the park and tennis at the country club

Answer 1

The pair that represents spending needs is "a glass of water and a filet mignon." A glass of water is a basic necessity, while a filet mignon is a luxury item. Together, they illustrate the difference between essential needs and wants in terms of spending.