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The power of a good or service to satisfy a human need is called utility?

To satisfy human "wants" and not "needs"


What do businesses do to satisfy peoples needs and wants?

Business seeks to satisfy the needs and wants of customers. Needs are things that we all need to survive: water Food shelter warmth Wants are everything else: A luxury Boat A New Car Air Travel Pets An expensive Watch Business does this by creating goods for sale - and providing them in a place where customers can buy them. Business also satisfies a customers needs by providing services such as hairdressers or cleaners.


Why do economists need to find the answer to all three of the basic questions?

There are not enough resources to satisfy people's seemingly unlimited wants.


How do businesses satisfy needs and wants?

needs are essential to ones survival, while wants merely express a desire for something which could over time, help to satisfy a need. as societies become more complex, and as human begins take on more sophisticated lifestyles, their needs and wants increase. therefore a variety of needs and wants are expected to be satisfy.


If all you need is love then why not love food?

Because unlike love food cannot satisfy your emotional needs and wants from life


Question is if a guy isn't happy with how much sex he is getting from his girlfriend Is it wrong that he wants more?

I don't think it is wrong he wants more. I think he needs to express what would satisfy him, can the woman assist? As long as he is happy and not going elswhere this is okay, some men need more. Hey I am a woman and sometimes I need to satify myself doe snot mean I do not love or have a desire for my partner just I need to get off.


What does it mean if a man says i need you to a woman?

it means he wants to marry you.


Why do you need goods?

we need goods to satisfy our needs


How can resources limit the number of wants people and businesses can satisfy?

A customer will have wants and needs. A need is anything you need to survive: water food shelter warmth food A want is evrything else: A watch A pony An ipad A TV A car Business seeks to satisfy customers needs and wants. Think about a supermarket it will sell things people need - water, food, etc and things people want - wine, DVDs, jewellery etc Resources are anything that is used to make a good ( a product) or provide a service (like gardening or cleaning, something you can't touch.) When resources are scarce ( in short supply, running low) then customers wants cannot be satisfied. For example you go to the shops to buy strawberries for dinner BUT there has been a bad summer and a poor strawberry crop. The strawberries are in short supply and the supermarket has run out. You cannot satisfy your need for strawberries!


Do you need a visa to travel to Tanzania from Ghana?

No Ghana passport holders do not need visas to travel to Zimbabwe. Travellers will be allowed entry at port of entry but might pay a fee before allowed entry though.


How much is a degree from a Technology school worth compared to a 4 year degree from a University?

Its worth is in which one brings you to your personal goals and objective. Not all technical schools can satisfy you careers goals, and not all universities can satisfy your career goals. You must decided which of them will satisfy your personal need, wants, and desires. and also it is worth so so much money


What does it mean when someone wants you to appear naked in their film?

Well, it means they need you there.