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Question

Demand for a commodity refers to.

A
Desire for the commodity
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B
Need for the commodity
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C
Quantity demanded of that commodity
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D
Quantity of the commodity demanded at a certain price during any particular period of time
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Solution

The correct option is D Quantity of the commodity demanded at a certain price during any particular period of time
Demand refers to the quantity of a commodity demanded that consumers are willing and able to purchase at a certain price during any particular period of time.

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