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Commerce · Q50

Economics

Graduate and Post Graduate · Commerce · question 50

Q50

Demand for a commodity refers to a

A.
Desire for the commodity
B.
Need for the commodity
C.
Quantity demanded of that commodity
D.
Quantity of the commodity demanded at a certain price during any particular period of time
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Demand for a commodity refers to a quantity of the commodity demanded at a certain price during any particular period of time.