Economics · Theory of Consumer Behaviour and Production
The quantity of a commodity that a consumer is willing to buy and is able to afford, given the prices of goods and the consumer's tastes and preferences, is called _________ for the commodity.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Demand✓
- 2Utility
- 3Supply
- 4Value
Correct answer
Demand
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