Demand for a commodity refers to the entire demand schedule.

True

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False

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Solution

The correct option is A True
True.
Demand for a commodity refers to the entire demand schedule showing various quantities of the commodity that the buyers in the market are ready to buy at different possible prices at a point of time.

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Similar questions

Demand for a commodity refers to:

X

A

B

Price of Commodity - $X (R s .)$	Demand of $A$ (Units)	Demand of $B$ (Units)
$1$ $2$ $3$ $4$ $5$	$9$ $7$ $6$ $4$ $3$	$7$ $6$ $5$ $4$ $3$

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