ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Selena bought a latte from the coffee shop. Was this a WANT or a NEED?
A
WANT
B
NEED
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Customers want a successful coffee shop to provide high-quality drinks and products and accommodating service and atmosphere. While quality gives the customers a reason to purchase the product, the accommodation ensures that the customers feel welcome and are more likely to return.

Detailed explanation-2: -A latte or caffè latte is a milk coffee that is a made up of one or two shots of espresso, steamed milk and a final, thin layer of frothed milk on top.

Detailed explanation-3: -COFFEE SHOP (noun) definition and synonyms | Macmillan Dictionary.

Detailed explanation-4: -Flavor. Cost. Seasonality. 28-May-2018

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