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Meaning: To want something that has no limit to it. Example: Moneyis unlimited, and many people may want more of it for varius reasons.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoUnlimited wants is when people want an endless amount of things but have limited resources to obtain them. Unlimited wants is an economic problem.
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What is the relationship between unlimited human want and limited resources?
Supply and Demand
Would you have to make choices if you had unlimited resources?
unlimited resources would mean that scarcity does not exist. And if scarcity does not exist, then of course, there's no opportunity cost. we can buy anything we want with enough income.
Are family resources unlimited?
Family resources are limited not unlimited.
What are the solutions of human wants are unlimited?
The solution of unlimited human wants are unlimited resources to satisfy those wants. Unfortunately, resources are limited and they will always be limited in comparison.
Why human wants are unlimited?
In Economics, a common phrase is "humans have unlimited wants with limited resources." This, like many other economic concepts, is an abstraction ― a generalization that can apply to consumers with acceptable accuracy. This generalization works because many of the resources important to humans that makes consumption possible are finite and can easily run out if we had no restraint. It's a simple matter of we want more than we have. Of course, this generalization may not apply to all people ― some may "want" very little at all. But when we're talking about an entire economy of consumers, the assumption is that there are unlimited wants.
How many powers does an unlimited government have?
they have all the powers they want hence unlimited
How is an unlimited government different from a limited government?
In an unlimited government, the leaders can do whatever they want
How is a unlimited government different from a limited government?
In an unlimited government, the leaders can do whatever they want
Why would someone want to form an unlimited liability corporation?
so they would have unlimited liability.
How do you register to unlimited call and text?
Call the phone company and tell them you want unlimited call and text.
How many texts do you get with tesco unlimited?
You get unlimited (as many as you want) Tesco are very good if you pay £6 a month (contract) you get unlimited text and 100 mins.
How many items you can get in club penguin?
Unlimited. As many as you want.
I want a cargo van rental with unlimited mileage?
people in hell want ice water.
Name and describe the 3 reasons why people have unlimited needs?
people have 3 unlimited needs 1) greed-people want as much as they can get
How many texts is unlimited for AT and T?
If you pay for unlimited texts at AT&T (or anywhere else), you are paying to be able to text as much as you want - no limit.
Unlimited children but limited soldiers?
This is not a complete question - what do you want to know?
Do you have to pay for Pirates of the Caribbean online?
No accept if you want unlimited access
