Which of the Following Is an Example of a Demand

question 168

Multiple Choice

Which of the following is an example of a demand condition?

• A)natural resources
• B)existence of supplier clusters
• C)sophistication of consumers
• D)intensity of competition

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Definitions:

Perception

The process by which individuals organize and interpret their sensory impressions to give meaning to their environment or experiences.

Sensations

The immediate and basic experiences generated from the stimulation of sensory receptors in the body.

Changing Environment

The modification or alteration of the surroundings or conditions in which a person, animal, or plant lives or operates.

Figure

In the context of perception, an object or shape that is distinguished from its background.