How do market demands relate to needs and wants

How do market demands relate to needs and wants


A. Demands result in customers needing and wanting a particular product.

B. Wants and demands are equivalent, and both satisfy needs at the same rate.

C. Needs, wants, and demands all describe the same state in the customer.

D. Needs are satisfied by wants, and buying power converts wants into demand.

E. Needs and wants outweigh demands in the customer's mind.


Answer: D. Needs are satisfied by wants, and buying power converts wants into demand.


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