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adazjia brent -choices project

adazjia4lyfe — 2014-01-23 16:57:03 UTC

period 3

Goods

adazjia4lyfe — 2014-01-23 16:58:00 UTC

A commodity, or a physical, tangible item that satisfies some human want or need, or something that people find useful or desirable and make an effort to acquire it.

Services

adazjia4lyfe — 2014-01-23 17:02:23 UTC

Intangible products such as accounting, banking, cleaning, consultancy, education, insurance, expertise, medical treatment, or transportation.

Wants

adazjia4lyfe — 2014-01-23 17:03:57 UTC

Unfulfilled desire

Needs

adazjia4lyfe — 2014-01-23 17:04:42 UTC

A motivating force that compels action for its satisfaction. Needs range from basic survival needs (common to all human beings) satisfied by necessities, to cultural, intellectual, and social needs

Resources

adazjia4lyfe — 2014-01-23 17:08:10 UTC

An economic or productive factor required to accomplish an activity, or as means to undertake an enterprise and achieve desired outcome.

Scarcity

adazjia4lyfe — 2014-01-23 17:09:44 UTC

Ever-present situation in all markets whereby either less goods are available than the demand for them, or only too little money is available to their potential buyers for making the purchase.

1. MORE WANTS:

adazjia4lyfe — 2014-02-13 21:08:03 UTC

A person may want a car...

MORE WANTS

adazjia4lyfe — 2014-02-13 21:09:01 UTC

...but may not have enough money

3.MORE WANTS

adazjia4lyfe — 2014-02-13 21:12:43 UTC

A person may want to be a famous singer....

MORE WANTS

adazjia4lyfe — 2014-02-13 21:18:09 UTC

...but theres so much competition in the music industr

2. MORE WANTS

adazjia4lyfe — 2014-02-13 21:23:14 UTC

A person may want money...

MORE WANTS

adazjia4lyfe — 2014-02-13 21:25:20 UTC

...but may not be able to find a job