______ refers to different possible quantities of a commodity that the
| ______ refers to different possible quantities of a commodity that the consumer is ready to buy at different possible prices of that commodity.
A. desire
B. demand
C. quantity demanded
D. None of these
Right Answer is: B
SOLUTION
• Demand refers to different possible quantities of a commodity that the consumer is ready to buy at different possible prices of that commodity.
• Demand is an important concept is economics.
• Demand curve is a graphic presentation of various quantities of a Commodity that a consumer is willing to buy at different prices, keeping in mind the prices of other related commodities & income of the consumer remains constant.
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______ refers to different possible quantities of a commodity that the