What refers to the need, want or desire for a product backed by the money to purchase it ?

A. P 2,000.00
B. P 2,100.00
C. P 2,200.00
D. P 2,300.00

A. Mall
B. Market
C. Store
D. Office

A. Annual cost
B. Increment cost
C. Capitalized cost
D. Operating cost

A. Homogeneous product
B. Free market entry and exit
C. Perfect information and absence of all economic friction
D. All of the above

A. Producer products
B. Consumer products
C. Luxury
D. Necessity