(Answered) economist typically focus on need rather than wants. true or falseeconomist typically focus on need…

➤ How do economists incorporate needs into policy analysis?
Economists use poverty lines, basic consumption baskets, and social safety nets to target needs. They apply cost-benefit analysis, distributional weights, and welfare metrics to prioritize essential services. This approach helps policymakers design efficient programs that protect health, education, and basic consumption for vulnerable groups.