Which of these is/are the characteristic of human wants?

Limited

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Unlimited

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Irrational

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Rationality

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B Unlimited
Human wants are unlimited since it is assumed more is always better and humans do not find himself in a situation of negative marginal returns. This is known as monotonic preference.

Suggest Corrections

Similar questions

Which of the following is/are not the characteristics of human beings?

Join BYJU'S Learning Program