A new sports car would be an example of:
A need
A want
Scarcity
A consumer

Answers

Answer 1

A new sports car would be an example of a want.

In economical terms, what is a consumer want?

want is anything that is desired. It is claimed that everyone has a limitless number of desires but only a limited number of resources are available to us. As a result, individuals cannot have everything they desire and must seek out the most cost-effective options.

A consumer's wants often represent preferred preferences for particular solutions to meet a requirement. As a result, individuals frequently desire certain items, brands, or services that meet their demands in a specific way.

A want is anything that will enhance your living experience and level of happiness. In economic terms, wants may be described as an individual's insatiable desire to own items or services that provide fulfillment.

Therefore, we can conclude that owning a new sports car would be an example of a want.

Learn more about consumer wants here:

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Related Questions

Identify the characteristics of each type of nation

-A person with no particular religion can become a nations leader
-Religious leaders rule the government
- The nations laws are based on a holy book
- All religions are treated equally

Answers

Answer:

Secular - All religions are treated equally and A person with no particular religion can become a nations leader

Explanation:

Theocratic- The nations laws are based on a holy book and Religious leaders rule the government

Answer:

A Person -S

Religious- T

the -T

All -S

Match each event to the country in which it took place.
1. United Kingdom
2. India
3. South Africa

-Mauryan Empire established
-diamonds and gold was discovered
-established colonial empire
during Industrial Revolution

Answers

Correct on edmentum hope this helps !!

Answer:

1.united kindom established colonial empire during indrustrial revolution

2.india is where the Mauryan Empire was established

3.south africa is where diamonds and gold where discovered

Explanation:

i did it on test and got it right hope this helps!!

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