Question: Q-18- I need detail solution about these questions. Please don't do this if you don't know the correct solution otherwise I will downvote 5 times.
Q-18- I need detail solution about these questions. Please don't do this if you don't know the correct solution otherwise I will downvote 5 times. I need complete solution with some examples also.

Formula also.
a MARKETERS AND PROSPECTS A marketer is someone seeking a response (attention, a purchase, a vote, a donation) from another party, called the prospect. If two parties are seeking to sell something to each other, we call them both marketers. NEEDS, WANTS, AND DEMANDS The marketer must try to understand the target mar- ket's needs, wants, and demands. Needs are the basic human requirements. People need food, air, water, clothing, and shelter to survive. People also have strong needs for recre- ation, education, and entertainment. These needs become wants when they are directed to specific objects that might satisfy the need. An American needs food but wants a ham- burger, French fries, and a soft drink. A person in Mauritius needs food but wants a mango, rice, lentils, and beans. Wants are shaped by one's society. Demands are wants for specific products backed by an ability to pay. Many people want a Mercedes; only a few are able and willing to buy one. Companies must measure not only how many people want their product but also how many would actually be willing and able to buy it. These distinctions shed light on the frequent criticism that "marketers create needs" or "marketers get people to buy things they don't want." Marketers do not create needs: Needs preexist marketers. Marketers, along with other societal factors, influence wants. Marketers might promote the idea that a Mercedes would satisfy a person's need for social status. They do not, however, create the need for social status. a MARKETERS AND PROSPECTS A marketer is someone seeking a response (attention, a purchase, a vote, a donation) from another party, called the prospect. If two parties are seeking to sell something to each other, we call them both marketers. NEEDS, WANTS, AND DEMANDS The marketer must try to understand the target mar- ket's needs, wants, and demands. Needs are the basic human requirements. People need food, air, water, clothing, and shelter to survive. People also have strong needs for recre- ation, education, and entertainment. These needs become wants when they are directed to specific objects that might satisfy the need. An American needs food but wants a ham- burger, French fries, and a soft drink. A person in Mauritius needs food but wants a mango, rice, lentils, and beans. Wants are shaped by one's society. Demands are wants for specific products backed by an ability to pay. Many people want a Mercedes; only a few are able and willing to buy one. Companies must measure not only how many people want their product but also how many would actually be willing and able to buy it. These distinctions shed light on the frequent criticism that "marketers create needs" or "marketers get people to buy things they don't want." Marketers do not create needs: Needs preexist marketers. Marketers, along with other societal factors, influence wants. Marketers might promote the idea that a Mercedes would satisfy a person's need for social status. They do not, however, create the need for social statusStep by Step Solution
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