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
Answers
Answered by
3
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.
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4
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
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