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प्रश्न
Identify and explain the following concept:
Amar demanded milk, sugar and tea powder jointly to satisfy his want of the tea.
स्पष्ट कीजिए
उत्तर
Concept: Joint demand
Explanation:
The given scenario represents the concept of joint demand in economics. Joint demand occurs when two or more goods are demanded together to satisfy a single want. These goods are complementary to each other and are used in combination.
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