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Question
All desires are not demand.
All desires are not demand.
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Solution
The correct option is A True
True. All desires are not demand because demand is a desire to buy commodity backed by the ability to pay and willingness to buy a commodity. Hence, only desire to buy a commodity is not demand.
True. All desires are not demand because demand is a desire to buy commodity backed by the ability to pay and willingness to buy a commodity. Hence, only desire to buy a commodity is not demand.
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