Question

the purpose of this pretest is to assess your mastery of the standards covered in this module. you will be able to take this pretest only one time. if you exhibit mastery at a level of 60% or higher, you will be permitted to proceed to the next module without further review of this content. if, however, you score below 60%, you will need to proceed through the items in this module to prepare for the module exam. question 1 1 pts a desire that can be satisfied by consuming an economic good or service is an economic need. true false

Explanation:

An economic need refers to a basic requirement for survival (like food, shelter), while a desire satisfied by consuming a good/service is an economic want, not a need. So the statement is incorrect.

Answer:

False