"Many people want BMW, only a few are able to buy" this is an example of Need Want Demand Status

Name: "many people want bmw, only a few are able to buy" this is an example of need want demand status
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"Many people want BMW, only a few are able to buy" this is an example of Need Want Demand Status

Answer 1

This is an example of "Demand." Demand refers to the desire and willingness of consumers to purchase a particular product or service. In this case, many people want to buy BMW, but only a few are able to buy, indicating a high demand for BMW vehicles.

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"Many people want BMW, only a few are able to buy" this is an example of Need Want Demand Status

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