________ are states of felt deprivation.
A)Needs
B)Desires
C)Demands
D)Values
E)Exchanges

Question

Quizplus · Accepted Answer

Needs are states of felt deprivation, such as the need for food, shelter, and clothing. Desires refer to a person's wants, which may or may not be necessary for survival. Demands occur when a person has the willingness and ability to pay for a product or service, and values are the beliefs and attitudes a person holds. Exchanges refer to the give-and-take process that occurs in a transaction.

________ Are States of Felt Deprivation