Multiple Choice
Which of the following statement best defines needs and wants?
A) Wants occur when a person feels physiologically deprived of something, and needs are determined by a person's knowledge, culture, or personality.
B) Needs occur when a person feels physiologically deprived of something like food, clothing, and shelter whereas wants are felt needs that are shaped by a person's knowledge, culture, or personality.
C) Wants are a subset of needs.
D) Needs affect marketing, but wants do not.
Correct Answer:
Verified
Correct Answer:
Verified
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