When Many Customers Share a Strong Need That Cannot Be

question 105

Multiple Choice

When many customers share a strong need that cannot be satisfied by any existing products or services,this is known as ________.

• A)full demand
• B)unwholesome demand
• C)latent demand
• D)overfull demand
• E)irregular demand

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Definitions:

Retirement Savings

Funds that an individual sets aside to use during their retirement years, usually accumulated through retirement accounts.

Monthly Deposits

Regular amounts of money placed into a financial account, investment, or savings plan on a monthly basis, contributing to capital growth or interest earnings.

Retirement Account

A financial account that offers tax benefits for saving for retirement.

Monthly Rate

The interest rate or return expressed on a monthly basis, often used in loan repayments or savings calculations.