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______ means a wish to have a commodity or source. - Economic Applications

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Question

______ means a wish to have a commodity or source.

Options

  • Want

  • Demand

  • Effective desire

  • Desire

MCQ
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Solution

Desire means a wish to have a commodity or source.

Explanation:

The term "desire" refers to a wish to have a commodity or resource. It is a broader term that represents a longing or wish for something. While "want," "demand," and "effective desire" are related concepts, "desire" is the most appropriate word to describe the basic wish to have something.

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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 16]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 1. | Page 16
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 2 Elementary Theory of Demand
QUESTIONS | Q 1. | Page 54
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