it's known as fiscal policy
Economic wants are the products and goods that people need and want; if they had unlimited purchasing power, they would want to obtain all of them.
In contrast economic preferences are compared to something, so while you might prefer one thing to another, you might not necessarily need it, or you might even need and want both of them!
<span>The answer is net present
value. It is the difference between the present value of cash inflows and the
present value of cash outflows. NPV is used in capital budgeting to examine
the effectiveness of a projected investment or
project. A net present value that is positive stipulates that the
projected earnings produced
by a project or investment surpasses the anticipated costs. In general, an
investment with a positive NPV will be a profitable one and the one with a
negative NPV will result in a net loss. </span>
Understanding where to locate your business, who your target market is, and how to reach them, can be accomplished through Market research.
<h3>What is market research?</h3>
This can be referred to as all activities that are geared towards finding it the target market for which a product would be developed.
It helps to know the would be consumers of the product that is being created and also to know the needs of the market.
Read more on market research here:
brainly.com/question/24906199
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