Public wants which are satisfied on the basis of consumer's choice are termed as:

Correct option is D

Ans. (d)
Public wants satisfied based on consumer choice are termed as Utility-oriented wants. These are the wants where satisfaction is derived from individual preferences and utility maximization.
Information Booster
1. Utility refers to the satisfaction or pleasure a consumer derives from consuming goods or services.
2. Such wants vary among individuals based on preferences, affordability, and availability.
3. These differ from collective wants, which are community-based (e.g., public parks).