What is the difference between needs, wants and demand

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asked Apr 11, 2021 89.6k views

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Durga Dutt · Answer 1 · 2021-04-15T21:48:53+0000

Needs are things that satisfy the basic requirement. Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for.

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What is the difference between needs, wants and demand

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