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प्रश्न
Define joint demand.
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उत्तर
When two or more goods are demanded together, it is called joint demand. It exists when two or more goods are required together to satisfy a particular want. Joint demand is also called complementary demand.
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संबंधित प्रश्न
Distinguish between expansion in demand and increase in demand.
Write short note:
Giffen's paradox
Distinguish between:
Joint/complementary demand and competitive demand.
Distinguish between derived demand and composite demand.
State with reasons whether you agree or disagree with the following statements:
When price of Giffen goods fall, the demand for it increases.
What is ex-ante demand?
Which goods are in joint demand?
What does 'composite demand' mean?
How does substitute goods’ demand react when the price of one rises?
What is direct demand?
