Question

what is the defination of
wants ineconomics




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Answer 1

Answer:

Economics is the social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

Answer 2

Explanation:

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.