differentiate between joint demand and composite demand
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joint demand is a demand whereby two or more goods are used to satisfy a wants whilst composite demand is a demand where by a good or commodity serve as a multipurpose of one another
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Explanation:
JOINT DEMAND:- it is the type of demand which are demanded together. like bread and butter, car and petrol,etc.
COMPOSITE DEMAND:- it is the type of demand in which goods have alternative uses. like steel, it has uses in the making of utencils, bus body, room coolers, cars and so on.
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