Demands Differ from Wants Because

question 22

Multiple Choice

Demands differ from wants because

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

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