Write most important characteristic of wants.
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Explanation:
The most important characteristics of wants are :-
Human Wants are Unlimited
Any Particular want is Satiable
Wants are Complementary
Wants are Competitive
Some Wants are Both Complementary and Competitive:
Wants are Alternative
Wants Vary with Time, Place and Person
Wants Vary in Urgency and Intensity
Wants Multiply with Civilization
Wants Recur
Wants Change into Habits
Wants are influenced by Income, Salesmanship and Advertisement
Wants are the Result of Custom or Convention
Present Wants are more important than Future Wants
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