ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Something we desire but that is not necessary for survival
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Want
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Need
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Good
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Service
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Explanation:
Detailed explanation-1: -A “want” is something we desire that is not essential to survival.
Detailed explanation-2: -Physiological needs include air, water, food, shelter, sanitation, touch, sleep, and personal space.
Detailed explanation-3: -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-4: -The desire to own something and the ability to pay for it.
There is 1 question to complete.