Basic Concepts of Economics
Assessment
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Purvi Parsana
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Business
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11th Grade
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328 plays
•
Medium
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15 questions
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1.
Multiple Choice
The wish to have something is_
Desire
Want
Need
Demand
2.
Multiple Choice
Effective efforts put to acquire something will be_
Want
Desire
Need
Demand
3.
Multiple Choice
Willingness to pay for the want is_
Need
Desire
Demand
Show off
4.
Multiple Choice
Things require to survive are categorised as_
Demands
Wants
Needs
Desires
5.
Multiple Choice
Which is NOT a classification of Wants
Necessities
Luxuries
Comforts
Secondary
6.
Multiple Choice
Which is NOT a feature of Wants
Recur
Competitive
Complementary
Limited
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