A. desire for the commodity
B. significance of the commodity
C. ability to pay for the commodity
D. economic value of the commodity
Correct Answer: Option A
A. desire for the commodity
Explanation
So, the key difference between wants and demand is desire. Consequently, for people, who can afford a desirable product are transforming their wants into demands. In other words, if a customer is willing and able to buy a need or a want, it means that they have a demand for that need or want.
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