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What do you understand by income demand? - Economics

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प्रश्न

What do you understand by income demand?

Explain the following:

Income Demand

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उत्तर

The connection between a consumer’s income and the quantity of a commodity they are willing to purchase is called income demand. It indicates the amount of a product a consumer would buy at various income levels.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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