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question 14 (1 point)
danaisha does all her grocery shopping at organic markets and has a monthly grocery bill of $325. charles says that danaisha is wasting her money on wants instead of focusing on needs. he buys in bulk, uses coupons, and shops at save - more for a monthly bill of $195. whos budgeting correctly for food?
○ a danaisha, because she is focusing on her health, which will have a guaranteed payoff in the long run
○ b charles, because hes taking efforts to save money by focusing on his needs only
○ c both, because needs vs wants are determined on an individual basis
○ d neither, because they should meet in the middle somewhere. charles should focus more on health, and danaisha should cut her spending.
Budgeting for food can vary based on individual priorities. Danaisha may prioritize organic (which could relate to her perception of health - a personal need/want). Charles focuses on cost - saving (his need). Since needs and wants are subjective (e.g., for some organic food is a need for health, for others basic food at low cost is the need), it's determined on an individual basis.
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C. Both, because needs vs wants are determined on an individual basis.