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Necessities are such needs of human beings that are without them human beings cannot be survived like Food, Shelter, Clothing and Family; we can also say them basic needs whereas luxuries are such needs by which human beings can live but these are wanted to make life easy and luxurious like Car, Motorbike, Mobile etc
By: Musadiq
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∙ 12y ago
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Is a technique advertisers employ to increase consumer demand for their goods and services?
turning luxuries into necessities
What are techniques that companies use to influence consumer demands for their goods and services?
Turning luxuries into necessities. :)
What are four factors that affect elasticity?
Availability of Substitutes Relative Importance Necessities vs. Luxuries Change Over Time
What is the difference between a consumer's disposable and discretionary income?
Disposable income is the money a consumer has left after paying taxes to use for necesities such as food housing, clothing, and transportation. Discretionary income is the money that remains after paying for taxes and necessities and is used for luxury items.
What is the difference between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
Necessities and luxuries?
Is orthodoncia a luxury or a necessity
Why was trade important to the Egyptians?
Because it provided them its the necessities and luxuries they needed
What is a word meaning things that aren't a necessity?
Words meaning 'things that are not necessities', might be luxuries, niceties, wants, non-necessities,
What type of sentence is 'give us the luxuries of life and we will dispense with its necessities?
a complete sentence
Is a technique advertisers employ to increase consumer demand for their goods and services?
turning luxuries into necessities
What are techniques that companies use to influence consumer demands for their goods and services?
Turning luxuries into necessities. :)
What are four factors that affect elasticity?
Availability of Substitutes Relative Importance Necessities vs. Luxuries Change Over Time
What is defined as the quality of life based on the possession of necessities and luxuries?
given head (nice lol but its actually standard of living)
Why do people work today?
For money to buy food, pay rent, buy clothes, pay utility bills, and to pay for other necessities and luxuries.
What a standard of living?
A standard of living refers to the amount of material comfort and wealth available to a community, individual, or socioeconomic class in specific areas. It includes necessities and luxuries.
What are the main determinant of price elasticity of demand in the Caribbean?
The availability of substitutes Habit- Forming Goods 'Luxuries' and 'necessities' The proportion of income which is spent on the commodity The long run and short run.
What is the difference between need and knead?
need is a feeling you get for necessities...for example, you need food and water. Knead is when you work dough with your hands while baking.
