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Question
When two or more goods are demanded simultaneously, it is known as ______.
Options
Joint Demand
Alternate Demand
Direct Demand
Composite Demand
MCQ
Fill in the Blanks
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Solution
When two or more goods are demanded simultaneously, it is known as Joint Demand.
Explanation:
Joint demand applies when goods are demanded together to satisfy a want. Alternative, direct and composite demand describe different demand relationships.
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