Which of the following is an economic need?
A)desire for self-satisfaction and convenience
B)desire for efficiency in the consumer's investment plans
C)desire for efficiency in the use of the consumer's time and money
D)desire for prestige and paying a high price for the best quality
E)desire for status and paying a high price for the best quality

Question

Quizplus · Accepted Answer

Economic needs are concerned with making the best use of a consumer's time and money-as the consumer judges it.

Which of the Following Is an Economic Need