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Which one of the following is not an economic want?

User Wilman
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1 Answer

1 vote

The available options are:

a. Want for a television set

b. Want for medical attention

c. Want for friendship

d. Want for new clothing

Answer:

Want for friendship

Step-by-step explanation:

Given that economic want is what humans desire to have or possess such that they pay money to acquire them.

Hence, from the available options "want for friendship " is not economic want because it can't be bought with money, while other options can be bought with money or monetary transaction.

User Milind Thakkar
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