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Which of the following is not the characteristics of wants
a. wants are influence do with advertisement
b. wants are alternative
c. wants vary with person place and time
d. wants are very costly?
a. wants are influence do with advertisement
b. wants are alternative
c. wants vary with person place and time
d. wants are very costly?
Most Upvoted Answer
Which of the following is not the characteristics of wantsa. wants are...
Characteristics of Wants
- Wants are influenced by advertisement: Advertisement plays a crucial role in shaping our wants by creating awareness about products and persuading us to desire them. Companies invest heavily in advertisements to influence consumer preferences and increase demand for their products.
- Wants are alternative: People have a variety of options to choose from when it comes to fulfilling their wants. For example, if someone wants to buy a new phone, they can choose from a range of brands, models, features, and price points based on their preferences and budget.
- Wants vary with person, place, and time: Each individual has unique wants based on their personal preferences, needs, and priorities. Additionally, wants may change depending on the location, culture, and trends. For instance, a person living in a tropical climate may want summer clothes, while someone in a colder region may want winter attire.
- Wants are not necessarily very costly: While some wants may be associated with high costs, not all wants are expensive. Wants can range from basic necessities like food and clothing to luxury items like designer handbags and sports cars. The cost of fulfilling a want depends on the individual's financial situation and priorities.
In conclusion, wants are dynamic and diverse, influenced by various factors such as advertisement, alternatives, personal preferences, and affordability. It is essential to understand the nature of wants to make informed choices and prioritize our spending effectively.
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Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly?
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Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly?.
Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not the characteristics of wantsa. wants are influence do with advertisement b. wants are alternative c. wants vary with person place and timed. wants are very costly?.
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