What is meant by Want in economic language?
Answers
Answered by
0
Answer:
Economic wants are desires that can be satisfied by consuming a good, service, or leisure activity. Because people have differing economic wants, they purchase a wide variety of goods and services or choose to "consume" differing amounts of leisure time.
hope this helps :)
Similar questions
Math,
4 months ago
Math,
4 months ago
Math,
9 months ago
Social Sciences,
9 months ago
English,
1 year ago