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Define composite demand. - Economic Applications

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प्रश्न

Define composite demand.

व्याख्या

उत्तर

The demand for a commodity which can be put to several uses is known as composite demand. For example, coal can be used for heating, cooking and operating railway engine, etc. It is a case of composite demand.

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पाठ 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ २३]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 1 Elementary Theory of Demand
QUESTIONS | Q 2. a | पृष्ठ २३
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