Which of the following statement best defines needs and wants?
A.
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.
B.
Wants are a subset of needs.
C.
Wants occur when a person feels physiologically deprived of something, and needs are determined by a person's knowledge, culture, or personality.
D.
Needs affect marketing, but wants do not.
Answer: A