Question

Pls according to the characteristics below:Answer the following

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​

(Does anyone know,so many ppl r here does no one know)

Answer 1

Answer:

Explanation:

1. meaning they have no end or never finish

2. every want can be met

3. Not every want can be met so the most pressing one has to be satisfied first before the others because all of them cannot be satisfied at a time due to  limited resources.

4. To satisfy one want another good has to be added

5. There are several ways of satisfying a particular want for example if you are hungry you can decide to eat jollof or fried rice

6. For example; in the morning my want might be tea and in the evening french fries= time

    At a bar  I might want beer but in a restaurant  i want wine=place

    An American will want burger but a Ghanaian will want aprapransa= person