How would you classify these equally accessible expenditures : $2 for the bus and $20 for a cab?

Question

Both are transportation costs and so both are spending needs
Both represent a spending want because walking or biking may be options
Taking a cab is a spending need since it is likely faster and more efficient
The cost of the bus is a spending need,while the cost of a cab is a want

Answer 1

The best classification from the options provided would be:

Both represent a spending want because walking or biking may be options.

This classification acknowledges that while both expenditures serve a transportation purpose, there are alternative, cost-free modes of transportation (walking or biking) that make the bus and cab fares more about convenience and choice rather than a strict necessity.