Economy, asked by rakshitjhalani, 3 months ago

what is meant by effective demand​

Answers

Answered by Krishnabhaduriya
1

Answer:

In economics, effective demand (ED) in a market is the demand for a product or service which occurs when purchasers are constrained in a different market. ... The concept of effective demand or supply becomes relevant when markets do not continuously maintain equilibrium prices.

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