The Preference for a Specific Brand Is Called ________ Demand

question 285

Multiple Choice

The preference for a specific brand is called ________ demand.

• A) selective
• B) secondary
• C) primary
• D) derived
• E) explicit

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Definitions:

Well-Being

The state of being comfortable, healthy, or happy, encompassing physical, mental, and emotional health and prosperity.

Legal Contracts

Agreements that are enforceable by law, outlining rights and obligations among parties involved.

Social Contract

An implicit agreement among the members of a society to cooperate for social benefits, such as sacrificing some individual freedom for state protection.

Universal Ethical Principles

The fundamental guidelines that apply to people across all cultures, societies, and situations, emphasizing moral behaviors and actions.