To Be Frugal Includes All of the Following Except

question 7

Multiple Choice

To be frugal includes all of the following except

• A)being resourceful when satisfying your need for goods and services.
• B)buying all the things you want.
• C)using already-owned items.
• D)practicing restraint in how you consume goods and services.

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Definitions:

Elasticity of Demand

A measure of how much the quantity demanded of a good changes in response to a change in its price.

Telephone Services

The provision of telecommunication facilities enabling voice communication over distances.

Restaurant Meals

Food and beverage items prepared and served by dining establishments to customers, typically consumed on premises.

Tax

A compulsory monetary fee or a different kind of tax required by a government entity from taxpayers, aimed at raising funds for government operations and public services.