It is a basic problem of economics:
There are limited economic resources (land, raw material, labour, capital and intellect.) to meet with unlimited and recurring wants.
We have to make choice between available aternate resources to meet with these recurring wants.
yes
restrict the analysis to the effect of a single economic factor
desires by an individual are individual wants.
Recurrent wants are wants that occur again and again for example food, petrol, television these things are things that we have to buy again and again therefore they are recurrent wants
business cycles
recurring
7999.99... recurring.7999.99... recurring.7999.99... recurring.7999.99... recurring.
Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%Nothing.But one third = 1/3 = 0.33... (recurring) = 33.33...(recurring)%
0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.0.07 and 0.0699... recurring.
23/3 = 7.66... recurring.23/3 = 7.66... recurring.23/3 = 7.66... recurring.23/3 = 7.66... recurring.
It is 22.22... recurring %.
8/30 = 0.266... recurring.8/30 = 0.266... recurring.8/30 = 0.266... recurring.8/30 = 0.266... recurring.
34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.34/60 = 56.66...% recurring.
34/60 = 0.566... recurring.34/60 = 0.566... recurring.34/60 = 0.566... recurring.34/60 = 0.566... recurring.
(5.524937821 with the 1 recurring) + (25) = 30.524937821 with the 1 recurring .
7/11 = 0.6363.. recurring.7/11 = 0.6363.. recurring.7/11 = 0.6363.. recurring.7/11 = 0.6363.. recurring.
701.6667