Question

Which best describes discretionary spending?

the personal satisfaction gained from consumption

buying goods according to what one want or needs

reluctance for taking chances when making investments

weighing the extra costs and benefits of one more unit

Answer 1

Weighing the extra costs and benefits of one more unit

So, D is your answer.

Answer 2

money spent by consumers on non essential purchases such as vacations or luxury items . discretionary income represents the amount of income remaining after a person pays for personal necessities and taxes