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Question
Demand for a commodity refers to
Options:
A .  Need for that commodity
B .  Quantity demanded of that commodity
C .  Desire for that commodity
D .  Quantity demanded at certain price during any particular period of time
Answer: Option D
Answer: (d)
The demand for a commodity at a given price is the quantity that will be purchased at a unit of time and at a unit price.
Demand has the following features; Demand refers to the quantity at a given price, Demand must be defined per unit time.

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