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Give the meaning of joint demand. - Economic Applications

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Question

Define joint demand.

Definition
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Solution

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.

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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 23]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 7. a | Page 23
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