XI Economics Define a term Demand?
Define a term Demand?
Demand:
“Human desire for a commodity is called demand,
Sunday, November 24, 2019
XI Economics
Question: define a term Demand?
Demand:
“Human desire for a commodity is called demand, which has a support of purchasing power as well as willingness to consume the money .”
Equation of demand;
Demand Desire + purchasing power + willingness to consume the money.
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