Question demands differ from wants becausea demands are, Ask an Expert

Economics

Question: Demands differ from wants because

A) demands are unlimited, whereas wants are limited by income.

B) wants require a plan to acquire a good but demands require no such plan.

C) wants imply a decision about which demands to satisfy, while demands involve no specific plan to acquire the good.

D) demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92584830

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