Question

how will you choose the wants to be satisfied

Answer 1

the wants which are necessary are satisfied first eg home clothing and food
the wants which are not necessary are leave to be satisfied afterwards eg cars phone etc

Answer 2

Explanation:

Any individual fulfills his/her wants according to his/her needs, satisfactions and priority attached to different wants.

moreover , The choice of want also depend on the need of the hour and the availability of  the good and also on the availability of means or money to purchase that want .

Our wants are unlimited but the resources used in the production of goods that satisfy our wants are limited and scarce

For example, if in an economy there are two commodities; Butter and Shirt; then we have to choose which commodity we should purchase because of limited resources and scarcity

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