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State the meaning of 'quantity demanded of a commodity’.

+3 votes

asked Mar 14, 2019 in Class 12 by kratos

State the meaning of 'quantity demanded of a commodity’.

demand and elasticity demand
class-12
cbse

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1 Answer

+5 votes

answered Mar 11, 2020 by kratos

Best answer

Quantity demanded is that quantity of a commodity which a consumer is willing and able to buy at a particular price and a given point of time.

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