ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Something essential for survival
A
Want
B
Need
C
Good
D
Service
Explanation: 

Detailed explanation-1: -We must have food, water, air, and shelter to survive. If any one of these basic needs is not met, then humans cannot survive.

Detailed explanation-2: -All organisms need food, water and oxygen for survival.

Detailed explanation-3: -Food, water, clothing, sleep, and shelter are the bare necessities for anyone’s survival. For many people, these basic needs can not be met without the aid of charitable organizations.

Detailed explanation-4: -To sustain human life, certain physiological needs include air, water, food, shelter, sanitation, touch, sleep and personal space.

Detailed explanation-5: -The Bare Necessities. The four basic needs of nearly all survival situations are shelter, water, fire, and food.

There is 1 question to complete.