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Economics Wants and Needs
Date Submitted: 11/04/2003 03:47:01
Length: 2 pages (461 words)
Views: 178064
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…of your wants for things that you can not see or touch. Many services such as cutting hair or teaching guitar lessons are provided for fee. Not all business activities satisfy wants. People want things that can not be valued in terms of money. For example, individuals want love and respect. In business context wants are not about these intangible kinds of desires. Businesses please those wants that can be satisfied by goods and services.
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