mmlordpepe2628 mmlordpepe2628
  • 21-01-2020
  • Business
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Which term reflects the fact that most products in developed economies satisfy more than one need? Group of answer choices

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BenitoMarin BenitoMarin
  • 22-01-2020

Answer:

The correct answer is letter "D": need set.

Explanation:

In developed countries, most people live satisfying minimum standard needs. This is because the economy in those nations is usually prosperous and is reflected in an individual's well-being. Under this scenario, companies tend to offer goods as a set, mostly luxury, under the benefit that they satisfy more than one need: the core need (why consumers buy it) and a status need (portrays some sort of wealth possession).

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