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Which of the following are examples of wants?

Economics

ScanSolve AI Answer

QUESTION 1
C. Laptop, camera, mobile

Explanation: In economics, wants are desires that are not essential for survival but improve the quality of life. Laptop, camera, and mobile phones are not fundamental for survival, making them wants.

QUESTION 2
B. Clothes, food, House

Explanation: Needs are essential for human survival. Clothes (for protection), food (for sustenance), and a house (for shelter) are all basic human needs.

QUESTION 3
D. Wants vary between person, time and place

Explanation: The example shows that the boy's want (toy car) is different from his father's want (taxi). This illustrates that wants are subjective and differ from one person to another.

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