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Question

Demand for a commodity refers to:


A

Need for the commodity

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B

Desire for the commodity

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C

Amount of the commodity demanded at a particular price and at a particular time

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D

Quantity demanded of that commodity

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Solution

The correct option is C

Amount of the commodity demanded at a particular price and at a particular time


Demand for a commodity refers to amount of the commodity demanded at a particular price and at a particular time.


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