(i) Resources to satisfy them are scarce.
(ii) They change with time, age and gender.
(iii) They are too many/ endless/ unlimited.
(iv) They keep on recurring.
OR
i) scarcity of goods and services
ii) raising/shooting of prices/inflation
iii) variations in quality of commodities
iv) repetitive nature of wants/ recurrent
- wants change with time and age
- wants are too many to be satisfied fully
maurice.mutuku answered the question on July 12, 2017 at 05:54
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