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प्रश्न
The above image shows a type of demand which has many uses. Identify the type of demand.
पर्याय
Composite
Complementary
Joint
Substitute
MCQ
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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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