English

Which of the following best describes 'desire' in economics?

Advertisements
Advertisements

Question

Which of the following best describes 'desire' in economics?

Options

  • Wishing for a commodity

  • Having the money to buy something

  • Both ability and willingness to buy

  • Buying at a discounted price

MCQ
Advertisements

Solution

Wishing for a commodity

Explanation:

'Desire' means just wishing for something and is not enough for demand.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×