ENTREP M1 & M2

People can live even without things they wish to have.

• TRUE

• FALSE

Sellers can offer product based on the needs and demands of the

community.

• TRUE

• FALSE

Buyers can offer product based on the need of the community.

• TRUE

• FALSE

Needs are the interest to a given product that consumers are

willing to buy at a given price at a given period of time.

• TRUE

• FALSE

The knowledge of the needs of people helps the entrepreneur

market their products.

• TRUE

• FALSE