
Our needs and wants
Authored by Neveen Mohamed
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary difference between needs and wants?
Needs are essential for survival; wants are desires.
Needs are unlimited; wants are limited.
Needs are always expensive; wants are affordable.
Needs are created by advertising; wants are not.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a "want" rather than a "need"?
Food
Water
Designer clothes
Shelter
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are wants considered unlimited?
People can never satisfy all their desires.
Advertising controls consumer behavior.
There are limited resources to fulfill wants.
Wants only apply to luxury goods.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are wants influenced by activities?
Wants remain constant regardless of activities.
Wants change based on what people are doing.
Activities have no impact on wants.
Wants are only linked to leisure activities.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following scenarios demonstrates a want in relation to an activity?
Basic daily tasks
Social gatherings
Studying
Sleeping
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does "gradations of consumer demand" mean?
Consumers only buy necessary goods.
Demand varies in levels of importance or urgency.
Demand is always fixed and predictable.
Only wealthy people experience demand gradations.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which product demonstrates a high gradation of demand?
Electricity
Designer handbags
Video games
Jewelry
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