Which of the following statement best defines needs and wants?

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


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