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Question

Which of the following is not a feature of human wants?

A
Wants are complementary
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B
Wants are competitive
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C
Wants are limited
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D
Wants are variable
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Solution

The correct option is B Wants are limited
Human wants have certain distinct characteristics:
i) Human wants are unlimited.
ii) Wants are complementary.
iii) Wants are competitive.
iv) Wants are gradable.
v) Wants are variable.
vi) Wants are recurring.

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