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non-economic wants are those human needs which does not involve cost. and some of its example i air, water in mountains which is free to use, and others.
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What is the distinction between economic wants and economic needs?
economic wants is something the economy wants as an extra An economic need is something wither a object or servise for the economy to survive! Hope this helps! :)
What is a link between economic wants and preferences?
A link between economic wants and preferences is always the basic needs that are essential for our daily life. Preferences can be made after defining the economic wants and basic needs of the people involved.
What is the fundamental economic problem?
The scarcity of productive resources relative to economic wants (limited resources verses unlimited wants) is the fundamental problem of Economics.
What is the fundamental problem of economic?
The scarcity of productive resources relative to economic wants (limited resources verses unlimited wants) is the fundamental problem of economics.
Economic products designed to satisfy people's wants and needs are called?
economic system
What is the distinction between economic wants and economic needs?
economic wants is something the economy wants as an extra An economic need is something wither a object or servise for the economy to survive! Hope this helps! :)
What are some economic wants?
some economic wants are to have a cheapier economy, lower gas and receive John McCain
What is a link between economic wants and preferences?
A link between economic wants and preferences is always the basic needs that are essential for our daily life. Preferences can be made after defining the economic wants and basic needs of the people involved.
What is the fundamental economic problem?
The scarcity of productive resources relative to economic wants (limited resources verses unlimited wants) is the fundamental problem of Economics.
What is the fundamental problem of economic?
The scarcity of productive resources relative to economic wants (limited resources verses unlimited wants) is the fundamental problem of economics.
Economic products designed to satisfy people's wants and needs are called?
economic system
What is an example of the economic system?
An example of an economic system is Ray William Johnson
What is surplus economic unit?
An economic unit having access of funds and wants to lend his funds
How will you choose the economic wants to be satisfied?
i like licking
An example of economic goods is?
an example of an economic good is water Or any product that is manufactured...
Which economic goal is associated with the idea of achieving maximum fulfillment of economic wants using the available productive resources?
Economic efficiency.
What is a example of Economic Forces?
examples of economic forces?
