Учебное пособие для студентов очной формы обучения направлений подготовки

 
4. Answer the following questions. 
1. What are needs? 
2. What types of needs do you know? What do they include? 
3. How can you define wants? 
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http://images.clipartpanda.com/exchange
 

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87 
4. When do wants become demands? 
5. What are demands? 
6. How can a product be defined? 
7. What is exchange? 
8. What is the value for a buyer? 
9. What is the value for a seller? 
10. What conditions must be satisfied for exchange to take place? 
 
5. Using vocabulary in ex.2 match the words with their definitions. 
1. 
demands 
a 
the need for knowledge and self expression. 
2. 
intangible item 
b 
an object, service, activity, person, place, 
organization or idea 
3. 
exchange 
c 
the state of felt deprivation 
4. 
the basic physical needs 
d 
wants for specific products that are linked with the 
ability and willingness to pay for these products. 
5. 
the individual needs 
e 
product 
6. 
wants 
f 
the needs of belongingness and affection 
7. 
needs 
g 
service 
8. 
product 
h 
interchange value between the two parties 
9. 
tangible item 
i 
the need for food, clothing, shelter and safety 
10. the social needs 
j 
desires for specific satisfaction of deeper needs 

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88 
7. Speaking
.
Make up a dialogue. One of you wants to make a trip around the world, 
but he doesn‘t have enough sources. The other one suggests alternative 
decisions.