QUESTION IMAGE
Question
true or false question
true or false: the economic category of
eeds\ is much broader than the economic category of \wants.\
- true
- false
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Brief Explanations
In economics, "wants" are broader as they include all desires (including non - essential ones), while "needs" are more basic (like food, shelter). So the statement that "needs" are broader than "wants" is false.
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False