हिंदी

The above image shows a type of demand which has many uses. Identify the type of demand.

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प्रश्न

The above image shows a type of demand which has many uses. Identify the type of demand.

विकल्प

  • Composite

  • Complementary

  • Joint

  • Substitute

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उत्तर

Composite

Explanation:

Composite demand refers to the demand for a single commodity that can be used for a variety of purposes. Milk is a perfect example because it can be consumed directly or used to make curd, cheese, butter, sweets, and tea; a rise in demand for any of these items has a direct impact on the overall market demand for milk.

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अध्याय 2: Elementary Theory of Demand - QUESTIONS [पृष्ठ ६६]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 2 Elementary Theory of Demand
QUESTIONS | Q 49. | पृष्ठ ६६
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