which of the following is true of wants and needs? they are insignificant. they are unlimited. they are…
which of the following is true of wants and needs? they are insignificant. they are unlimited. they are irrelevant. they are finite.
Answer
Brief Explanations:
In economic principles, human wants are unlimited as desires for goods/services are endless, while basic needs (food, shelter, etc.) can feel finite but expand with context; the core defining trait of wants/needs in this framework is their unlimited nature. The other options are incorrect: they are not insignificant, irrelevant, or finite.
Answer:
They are unlimited.