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2 years ago

6. Outline 4 circumstances under which some human wants canbe fully satisfied

1 answer:

3 0

Generally, the human wants can never be fully satisfied because its requires more resources whereas the resources are limited.

<h3>What is a human wants?</h3>

This refers to the desires, aspirations and motives of humans that can be satisfied with goods and services.

For instance, the yearning for food, shelter, clothing are example of an economic human wants.

It is also accepted that the human wants are never truly satisfied because they are endless, even though these wants can be temporarily satisfy, they will always reoccur.

Therefore, the human wants can never be fully satisfied.

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When inflation occurs each dollar of income will buy ______ goods and services than before. Multiple choice question. fewer more

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When inflation occurs each dollar of income will buy fewer goods and services than before.

<h3>What is inflation?</h3>

In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation.
Each unit of currency may purchase fewer products and services as the general price level rises, hence inflation is associated with a decline in the purchasing power of money.
Deflation, a continuous drop in the general level of prices for goods and services, is the reverse of inflation.
The annualized percentage change in a general price index, or the inflation rate, is the most widely used indicator of inflation.
The consumer price index (CPI) is frequently employed for this purpose because price increases are not uniform across the board.
In the United States, wages are also calculated using the employment cost index.

Therefore, when inflation occurs each dollar of income will buy fewer goods and services than before.

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3 years ago

________________ represent a series of thick and thin vertical linesreadable by computerized optical scanners that represent num

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Answer: Bar codes

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A barcode is a way of representing data in a machine-readable and visual form. In the past, barcodes illustrated data by placing the parallel lines at intervals and altering the widths. Nowadays, barcodes known as one-dimensional (1D) or linear are scanned by optical scanners. Also, the two-dimensional (2D) barcodes were manufactured using dots, rectangles, hexagons and some geometric patterns, known as matrix barcodes. Barcodes are used for the tracking of products.

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3 years ago

6. Outline 4 circumstances under which some human wants canbe fully satisfied​

6. Outline 4 circumstances under which some human wants canbe fully satisfied