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Explain the area of desire, want and demand with the help of diagram.

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Desire is like the sky, so its area is very wide. The area of necessity is smaller or narrower than that of desire because all the desires are not ‘needs’. The area of demand is compressed compared to the area of requirement. This concept becomes clear from the following figure. Demands are those wants (needs) which a person has the ability and intention to fulfill.

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