Question

Q.1. What do you mean by demand of a commodity?

1.A desire for the commodity

2.Need for the commodity

3.Quantity of commodity

4.Quantity of commodity demanded at a certain price during any particular period of time

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Answer 1

Answer:

Precisely stated, the demand for a commodity is the amount of it that a consumer will purchase or will be ready to take off from the market at various given prices in a period of time. This, demand in economics implies both the desire to purchase and the ability to pay for a good.

Answer 2

Answer:

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Explanation:

QUESTION

.1. What do you mean by demand of a commodity?

1.A desire for the commodity

2.Need for the commodity

3.Quantity of commodity

4.Quantity of commodity demanded at a certain price during any particular period of time

ANSWER

OPTION 4