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Define individual demand. - Economic Applications

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Question

Define individual demand.

Definition

Solution

Individual demand refers to the quantity of the commodity that an individual household is willing to buy at different prices in a given period of time.

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Chapter 1: Elementary Theory of Demand - QUESTION BANK [Page 23]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTION BANK | Q 2. | Page 23
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