Question: Which statement describes the relationship between needs and wants? Multiple Choice Wants are the stimulus that encourages pursuit of needs. Needs are luxuries, while wants

Which statement describes the relationship between needs and wants?
Multiple Choice
Wants are the stimulus that encourages pursuit of needs.
Needs are luxuries, while wants are necessities.
Needs are easily influenced by marketers, while wants are impervious.
Wants involve a person's physical well-being.
Wants are preferences a person learns.
 Which statement describes the relationship between needs and wants? Multiple Choice

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!