4. These are luxuries, advantages and desires that every individual considers beyond necessity. A. wants C. requirements B. desires D. needs 5. Is any place where makers, distributors or retailers sell, and consumers buy. Examples include shops, high streets, or websites. The term may also refer to the whole group of buyers for a good or service. A. demand C. market B. desires D. needs 6. Is an economic principle referring to a consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service? A. needs C. market B. desires D. demand 7. Is what's hip or popular at a certain point in time. A. needs B. trends C. market D. demand