Question

A market basket: ______________

a) is related to how firms make purchasing decisions.
b) includes specific goods and services in fixed quantities that roughly correspond to a typical consumer's spending.
c) includes housing, food, and clothing, but does not include transportation.
d) is what an economist creates in order to understand the purchasing trends of households and firms.

Answer 1

B

Step-by-step explanation:

I think the answer would be B because it is a hypothetical set of goods and services of the consumers