The desire for an item backed with the ability to pay is? 2. A business philosophy that focuses on satisfying consumers' needs and wants is marketing?

Here are the answers to your questions: 1. The desire for an item backed with the ability to pay is demand. In economics, demand refers to a consumer's desire to purchase goods and services and their willingness to pay a price for a specific good or service. A. demand. B. want. C. exchange. D. need. The correct option is A. 2. A business philosophy that focuses on satisfying consumers' needs and wants is marketing concept. The marketing concept is a customer-centric approach where a company's success depends on understanding and fulfilling customer needs and wants better than competitors. A. research. B. planning. C. concept. D. control. The correct option is C. Send me the next one 📸