1.- Economically, a "need" is something __________.
that expresses a want.
that cannot be measured
is expressed in monetary units
that is required to sustain life
2.
Economically, a "want" is something __________.
that cannot be measured
that expresses a "need"
expressed in monetary units
that is required to sustain life
3.
Since __________, people must decide whether or not to make or purchase certain goods/services.
needs are limited
consumers are loyal
resources are scarce
people do not know what they want