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Daniel and Sukumar are talking about where one can find the best deal on a brand of very expensive shoes.However,whenever Sukumar talks,Daniel either responds with "hmmmm" or does not respond at all,and then goes on to talk about his opinion of the best stores.What is Daniel doing?
Wants
Desires or needs that drive consumer behavior, often going beyond basic necessities.
Demands
Consumer desires for specific goods or services supported by the ability and willingness to pay for them.
Production Era
A period in the history of marketing thought, roughly from the early 20th century until the 1950s, where the focus was on production capabilities and efficiency rather than on meeting the needs of customers.
Consumer Demand
The desire and willingness of consumers to purchase goods and services at various price points, driving the market dynamics for those goods and services.
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