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    Essentials of Marketing
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    Exam 1: Scope and Concepts of Marketing
  5. Question
    Explain the Differences Between Needs, Wants, and Demands
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Explain the Differences Between Needs, Wants, and Demands

Question 24

Question 24

Essay

Explain the differences between needs, wants, and demands. Give an illustration of each.

Correct Answer:

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A need is a basic human requirement such...

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