1.How will you choose the wants …

1.How will you choose the wants to be satisfied?
  • 1 answers

Yogita Ingle 1 month, 1 week ago

Our wants are unlimited but the resources used in the production of goods that satisfy our wants are limited and scarce. So we have to choose those wants that we want the most. For example, if in an economy there are two commodities; Butter and Shirt; then we have to choose which commodity we should purchase because of limited resources and scarcity.

Related Questions:

Please suggest me because tomorrow is my statistic test
  • 5 answers

myCBSEguide App


Trusted by 1 Crore+ Students

CBSE Test Generator

Create papers in minutes

Print with your name & Logo

Download as PDF

3 Lakhs+ Questions

Solutions Included

Based on CBSE Blueprint

Best fit for Schools & Tutors

Work from Home

  • Work from home with us
  • Create questions or review them from home

No software required, no contract to sign. Simply apply as teacher, take eligibility test and start working with us. Required desktop or laptop with internet connection