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प्रश्न
Give the meaning of joint demand.
Define joint demand.
उत्तर
When two or more goods are demanded together, it is called joint demand. It exists when two or more goods are equired together to satisfy a particular want. Joint demand is also called complementary demand.
Example:
- Demand for printers and inks. Printers need ink to function.
- Another example is car and petrol.
- Mobile and Sim card is also a good example of joint demand.
संबंधित प्रश्न
Expansion of demand and Increase in demand.
The demand for salt is _____________.
Explain with reason whether you 'agree' or 'disagree' with the following statement:
There are many types of demands.
Define or explain the following concepts (Any THREE):
Individual demand
Define or Explain the concept
Perfectly elastic demand
State whether the following statements are True or False with reason:
Demand for medicine is inelastic.
Define or explain the following concept:
Demand
Define or explain the following concept:
Increase in demand
Find the odd word out:
Types of demand:
An increase in the price of electricity will cause the demand for electric appliances to ______.
