II. Direction: Write TRUE if the statement is correct and FALSE if wrong. Write your answer on the blank. 1. A Want is a luxury. 2. A need is a necessity. 3. The buying decision process model starts with the recognition of needs and wants. 4. Needs are goods that people desire or wish to have. 5. Wants are the basic necessities of people such as food, clothing, and shelter.
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1. True
2. true
3. true
4. false
5. False