Examlex
In a short essay,differentiate between the basic marketing intermediaries.
Luxury
A good or service that is considered non-essential but desirable, often characterized by high quality, exclusivity, and a high price.
Necessity
A good or service that is essential for survival or basic living, such as food, water, or shelter.
Demand for Curds
The desire and willingness of consumers to purchase curds, a dairy product, at various price levels, within a specific period.
Price of Curds
The market price at which curds, a dairy product obtained by coagulating milk, are bought and sold.
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