A ________ Occurs When a Person Feels Deprived of Basic

question 239

Multiple Choice

A ________ occurs when a person feels deprived of basic necessities such as food, clothing, and shelter.

• A) desire
• B) need
• C) utility
• D) want
• E) craving

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Definitions:

Accounts Payable

The amounts owed by a company to suppliers or creditors for goods and services received.

Cost of Goods Sold

Expenses directly tied to the production process of goods a company markets, including both materials and labor costs.

Accounts Receivable

The amount due from customers to a firm for the delivery of goods or services which remains unpaid.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including labor, materials, and manufacturing overhead.