Demands Differ from Wants Because

question 22

Multiple Choice

Demands differ from wants because

• A) demands are unlimited, whereas wants are limited by income.
• B) wants require a plan to acquire a good but demands require no such plan.
• C) wants imply a decision about which demands to satisfy, while demands involve no specific plan to acquire the good.
• D) demands reflect a decision about which wants to satisfy and a plan to buy the good, while wants are unlimited and involve no specific plan to acquire the good.

---

Definitions:

Process Theories

Encompass theories that describe how various psychological and behavioral processes influence motivational levels and patterns of human behavior.

Motivation

The internal drive or external stimuli that spur individuals to action toward achieving a goal.

Equity Theory

A theory of motivation that people are motivated to maintain a balance between their inputs and outputs comparable to others in similar situations.

Negative Inequity

A perception that arises when an individual feels they are receiving less than they are giving or less than others are receiving in similar situations.