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When Backed by Buying Power, Wants Become ________

question 66

Short Answer

When backed by buying power, wants become ________.
social needs
demands
physical needs
self-esteem needs
exchanges


Definitions:

Legal Expenses

Costs incurred by a business for legal services, such as attorney fees and court costs.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, representing the company's reputation, brand, or similar factors.

Internally Generated

Refers to assets, revenues, or values created through the operations and activities of the company, not through external acquisition.

Research Costs

Expenses related to the investigation and exploration of materials, processes, or markets to generate new knowledge.

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