Economic Needs Are Concerned Only with Getting the Best Quality

question 207

True/False

Economic needs are concerned only with getting the best quality at the lowest price.

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Definitions:

Affluent Professionals

Individuals with high income and educational levels, often working in professions that require advanced degrees.

Everyday Uses

The common or routine utilizations of objects, technologies, or insights in daily living.

Public Matter

Issues or concerns that affect the broader community or population and are subject to public discussion or governance.

Luxuries

Goods or services that are considered non-essential but desirable, often associated with high quality, exclusivity, and a high price.