Question

what are wants? how are these classified​

Answer 1

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DEFINITION:-

In economic theory and for the purpose of this paper, a want is a strong desire. Demand is the ability and desire to purchase goods and services. Desire is the feeling that accompanies an unsatisfied state.

Human wants are classified into three categories:-

• Necessaries:- Necessaries refer to the basic or primary wants for food, clothing, shelter, medical care, education, etc.

• Comforts:- Comforts refer to the goods and services which make life easier and comfortable. .

• Luxuries:- Luxuries refer to the goods and services which give us pleasure and prestige. Motor cars, air conditioners, diamond jewellery, designer clothes, etc. are examples of luxuries.

THIS WILL HELP YOU ☝️.......

Answer 2

Answer:

what do you mean ...... what's wrong with U