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Commerce · Q1381

Economics

Graduate and Post Graduate · Commerce · question 1381

Q1381

The demand has the elements of quantity, price and time.

A.
The desire, ability, and willingness of an individual to purchase goods and services at any given price per unit
Answer
B.
The desire and willingness of the individual for all the goods and service for his standard of living
C.
The ability of society to purchase all that is on the market at a given period
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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