ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
define wants
A
something you wish to have
B
something you need
C
neither
D
None of the above
Explanation: 

Detailed explanation-1: -temptation. noun. a strong feeling of wanting to have or to do something, especially something that is bad for you.

Detailed explanation-2: -to feel a need or a desire for; wish for: to want one’s dinner; always wanting something new. to wish, need, crave, demand, or desire (often followed by an infinitive): I want to see you. She wants to be notified.

Detailed explanation-3: -A need is something necessary to live and function. A want is something that can improve your quality of life. Using these criteria, a need includes food, clothing, shelter and medical care, while wants include everything else.

Detailed explanation-4: -crave. desire. enjoy. prefer. covet. like. love. desiderate. More items

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