Wants

question 111

Multiple Choice

Wants

• A) is another term for needs.
• B) refer to services while needs refer to goods.
• C) is the term used by economists instead of needs because needs are not objectively definable.
• D) are used by economists and refer to the same thing as needs when used by psychologists.

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Definitions:

Compromise

A method of resolving disagreements where each party makes concessions to reach a mutually acceptable solution.

Withdrawal

The process of reducing or eliminating the intake of addictive substances, often leading to physical and psychological symptoms.

Confrontation

A direct encounter between parties or individuals where conflicts or disagreements are openly addressed.

Approach/Avoidance

This refers to the conflicting motivations or impulses toward and away from a particular object, task, or situation.