State with reason whether you agree or disagree with the following sentence:
1) all wants can be satisfied at a time
ans:
2) value-in-use and value-in-exchange are the same
ans:
Answers
Answer:
1)no,poet Rahimdas has said if you do 1 thing at a time you will get it done but if you do 4 things at a time all will remain incomplete
2)not preety sure
Explanation:
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1) I completely disagree with the statement mentioned in the question because the fulfillment of a desire needs a lot of dedicated and specific efforts ,if we have multiple desires , then the efforts will be divided into multiple segments also which will degrade the intensity of efforts behind every single desires.
2) I completely disagree with the statement mentioned in the question because,value-in-use is the total cash flow under a specific owner or organisation but the value-in-exchange is the total amount of goods and services available in a specific market.