Last Summer, the Thompson Family Had to Decide Whether to Buy

question 181

Multiple Choice

Last summer, the Thompson family had to decide whether to buy a new car to upgrade their one-year-old luxury car, go to Disney World, or put in a swimming pool.They chose the vacation.What does this decision best illustrate?

• A) how competition can be dissimilar products vying for discretionary income
• B) how each of these products are essential items
• C) how competition for essential items leaves limited discretionary funds for nonessentials
• D) how discretionary spending decisions are made

---

Definitions:

Predominant View

The most common or widely accepted perspective or belief in a particular area or context.

Abnormal Behavior

Actions or behaviors that deviate from the generally accepted norms of a given society or culture.

Psychotherapists

Professionals trained to diagnose and treat mental health issues by encouraging communication of conflicts and insight into problems, with the aim of reducing symptoms, improving social functioning, and boosting morale.

Before World War II

This refers to the historical period and events that occurred before the start of the Second World War in 1939.