How Individuals Make Choices Based on Their Budget Constraints?

An individual may choose to buy generic brands of food items instead of more expensive name brands in order to stay within their budget.

An individual may choose to shop in bulk stores or purchase items in larger quantities in order to get the best price per unit.

An individual may opt to cook meals at home instead of dining out in order to save money.

An individual may choose to use public transportation or carpool in order to save money on gas.

An individual may choose to purchase used items instead of new items in order to stay within their budget.

An individual may choose to forgo certain luxuries or entertainment events in order to save money.

An individual may choose to purchase a cheaper vehicle instead of a more expensive one in order to stay within their budget.

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