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Demands Differ from Wants Because

Question 463

Multiple Choice

Demands differ from wants because


A) wants require a plan to acquire a good but demands require no such plan.
B) 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.
C) demands are unlimited, whereas wants are limited by income.
D) wants imply a decision about which demands to satisfy, while demands involve no specific plan to acquire the good.

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