Through peer pressure and how other people affect each other into wanting that certain item. And possibly if your either financially wealthy or not this can affect your needs and wants.
Grade 10 Student
People whose needs and wants are satisfied are called consumers. I HOPE THIS HELPS YOU!!
Economic Decision Making
Obviously all the needs cannot be satisfied. Rationing would be one solution.
i like licking
how can wants be satisfied
People whose needs and wants are satisfied are called consumers. I HOPE THIS HELPS YOU!!
Wants and needs are not the same. According to Mazlow, needs are basic things for human survival and are lower on the heirarchy than wants which can only be satisfied after needs are satisfied.
Economic Decision Making
Obviously all the needs cannot be satisfied. Rationing would be one solution.
Public wants are typically satisfied by government services, such as healthcare, education, infrastructure, and public safety. In addition, public wants can also be fulfilled by private businesses through goods and services that cater to the needs and desires of society.
no
What is the Marginal Benefit? What is the Marginal Cost? At what point does the MB & MC equal out? (All needs & wants satisfied)
i like licking
because it has a big deal to the demand of particular sociaty that makes thew people satisfied thier needs and wants.
how can wants be satisfied
The needs of safety
Hmm humans wants are something that are never satisfied , human needs are basic things likes food, shelter and clothing. So what factors would effect human wants? price of goods and services, the individual's income, environmental factors, etc.