The fact that people have unlimited wants means that:
A) they always want more of at least one good.
B) people always purchase the goods that cost the least.
C) there is always an excess supply of necessary goods in the market.
D) selfish people are not concerned about others.
E) people do not behave rationally while making a choice.

Question

Quizplus · Accepted Answer

The definition of unlimited wants is that people never have "enough" of everything they desire, so they always want more of at least one good. This means that choice A is the correct answer.

The Fact That People Have Unlimited Wants Means That