Characteristics of Wants
1. Wants are unlimited
2. Every want is Satiable
3. Wants are competitive
4. Wants are complementary
5. Wants are alternative
6. Wants vary with time, place, and person
Answers of the following four questions in the picture pls
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- wants vary with time place and person
- every want is satiable or wants recur
- wants are unlimited
- wants are alternative
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