ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which monthly expense is more of a “want” than a “need”?
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School supplies
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Lunch costs
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Cell phone bill
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Video games
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Explanation:
Detailed explanation-1: -A 2D mobile game development cost can be between $ 5, 000-$ 20, 000, but it can go up to $ 50, 000-$ 20, 000 if the game has more functionalities. The cost of a 3D game is higher than that of one with 2D graphics. The price of such a game starts at $ 20, 000 and can even go up to $ 250, 000.
Detailed explanation-2: -In 2022, total U.S. consumer spending on video game content amounted to 47.5 billion U.S. dollars, a seven percent decrease from 51.69 billion U.S. dollars in the preceding year. Video game spending surged in 2020 due to the COVID-19 pandemic.
There is 1 question to complete.