Advertisements
Advertisements
प्रश्न
Define joint demand.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
A perfectly inelastic demand curve is parallel to 'Y' axis.
Define or explain the following concepts (Any THREE):
Individual demand
State whether the following statements are True or False with reason:
Demand for medicine is inelastic.
Explain the following concept:
Market demand schedule
Write short note:
Giffen's paradox
Write short note:
Concept of demand
Find the odd word out:
Direct demand:
Distinguish between derived demand and composite demand.
Demand for milk is an example of composite demand.
Identity the pair of goods which are substitutes of each other:
