8
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Elasticity and Incentives

Question 8 • 2102320-Economics HONORS - Edgenuity Teacher

An example of a want is .

Answer
A
a big TV
B
a place to live
C
medicine

Explanation

A want is something a person would like to have but does not need in order to live safely and stay healthy. A big TV is a want, while a place to live and medicine are basic needs.

AI-written and checked against the verified answer.

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