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प्रश्न
Distinguish between Joint demand and Composite demand.
उत्तर १
Joint demand and Composite demand.
| Basis of Difference | Joint demand | Composite demand |
| Meaning | When two or more goods are jointly demanded to satisfy single need. | When the goods are demanded to satisfy several needs at a time. |
| Example | Demand for complementary goods. | Demand for electricity. |
उत्तर २
| Joint Demand | Composite Demand |
| Goods are said to be in joint demand, when they are demanded together. | The demand for a commodity which can be put to several uses is known as composite demand. |
| Pen, ink and paper are said to have a joint demand. | For example, milk is used for preparing cheese, butter, curd, sweets, tea etc. So, demand for milk is an example of composite demand. |
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