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Lecture

Q2 Wants and Demands (Easy)

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Department
Economics
Course
ECO100Y1
Professor
All Professors
Semester
Fall

Description
Wants and Demands (Easy) 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 demand
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