Register
Explain the connection of human needs and demands in the field of marketing.
7.4k views
4 votes
Explain the connection of human needs and demands in the field of marketing.

User Kadaan
by
4.4k points

1 Answer

2 votes

Step-by-step explanation:

The term "requires or need" refers to items, product or service that fulfil a particular necessity. Wants are unique orders for individual or specific things. Demands are individual commodity orders for which the customer is ready and prepared to pay. In a business industry, examples are normally very obvious. need and demand always run together.

User Yatul
by
4.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.4m questions

5.7m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
Link Copied!