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प्रश्न
mention any two examples of composite demand.
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उत्तर
Two examples of composite demand are as follows:
Milk: Milk is a composite good since it has numerous applications and may be consumed in a variety of forms, including curd, ice cream, shakes, cheese, and so on.
Steel: It is a composite good since it may be used to make bus bodies, room coolers, autos, and other items.
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संबंधित प्रश्न
When the price of a commodity X falls by 10 percent. Its demand rises from 150 units to 180
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Income elasticity of demand for inferior goods is __________.
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