Economy, asked by Ftgb, 11 months ago

Write most important characteristic of wants.

Answers

Answered by aaravshah716
0

Answer:

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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