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Define the Term Demand. - ICSE Class 10 - Economics

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Question

Define the term demand.

Solution

Term demand: Demand means the quantity of a commodity or service which the consumer is willing to buy at a given price and at a given time.

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APPEARS IN

 2017-2018 (March) (with solutions)
Question 10.1.1 | 1.00 mark
Solution Define the Term Demand. Concept: Concept for Demand and Supply.
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