In consumers may share a strong need that cannot be satisfied...

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In ________ consumers may share a strong need that cannot be satisfied by an existing product.

A. Negative demand

B. Latent demand

C. Declining demand

D. Irregular demand

Answer: Option B

Solution(By Examveda Team)

In Latent demand consumers may share a strong need that cannot be satisfied by an existing product. Latent demand is basically the desire for a product that a consumer is unable to satisfy because he is himself unable to point it out or doesn't realise what is missing until pointed out.

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