ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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WANTS
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are expenses that can go up and down each month.
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describe how you will pay for achieving your personal goals.
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are things you want to achieve.
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are things we desire to buy and go beyond filling survival needs and basic comforts.
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Explanation:
Detailed explanation-1: -Supply is the willingness and ability to produce and sell a good or service. price and the quantities bought and sold. In our economy, the forces of supply and demand work together to establish prices.
Detailed explanation-2: -Demand is the desire, willingness and ability of consumers to pay a certain price for a product or service at a given period. Businesses can use it to determine the necessary supply and how to price an item.
Detailed explanation-3: -Goods. Physical Objects that can be purchased such as food, clothing, and furniture.
There is 1 question to complete.