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The desire for specific products which are backed by the ability to pay is 

Marketing
WAEC 2017

The desire for specific products which are backed by the ability to pay is 

  • A. need
  • B. exchange
  • C. transaction
  • D. demand
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Correct Answer: Option D
Explanation

Demand refers to the desire for specific products backed by the ability to pay for them.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Your School's Whatsapp Group - Join Us now
Post UTME Past Questions Agent
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts