Quiz: Needs vs Wants
AQA GCSE Business 8132
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Building on what you've learned about why businesses exist and goods vs services, let's test your understanding of needs vs wants!
Which of the following is an example of a need?
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Which of the following are examples of wants? (Select all that apply)
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A need is something {{blank0}} for survival, while a want is something {{blank1}} but not essential.
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Match the items on the left with their correct pairs on the right
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Why is it important for businesses to understand the difference between needs and wants?
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If a person spends £50 on a need (e.g., food) and £30 on a want (e.g., cinema), what is the total spent?
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Match the items on the left with their correct pairs on the right
Businesses often focus on wants because they can be sold at a {{blank0}} price and generate more {{blank1}}.
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Which of the following best describes a want?
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