Which of the Following Goods or Services Is a "Need

question 19

Multiple Choice

Which of the following goods or services is a "need," not a "want"?

• A) Electricity.
• B) Gasoline.
• C) Air conditioning.
• D) A subsistence level of food.
• E) Automobile.

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Definitions:

Creative Process

A series of steps taken to develop and produce innovative ideas or solutions.

Four Stages

A general term that can refer to any process, development, or cycle that is characterized by four distinct phases or parts.

Incubation

The process of nurturing startups or new ideas within a supportive environment to promote their development and success.

Organizational Settings

Environments or contexts within which organizations operate, including cultural, economic, legal, and technological conditions.