When Frank Buys His Own House, He Would Like to Have

Multiple Choice

When Frank buys his own house, he would like to have a home theater system and a jacuzzi. He plans to save enough money in the next three years so that he can fulfill his wish. Frank's desire for the home theater and the jacuzzi is an example of a(n) ________.

A) need
B) want
C) demand
D) unstated need
E) latent demand