Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter 3 -(A) Demand Analysis [Latest edition]
Q.2. Give economic term
A commodity which can be put to several uses ______.
A commodity which can be put to several uses composite demand.
Explanation:
The demand for a commodity which can be put to several uses is known as composite demand.
For example:
Electricity is demanded by several uses such as light, washing machines, etc.
