“…………in economics means demand backed up by enough money to pay for the goods demanded”

Related MCQs

• In economics, desire backed by purchasing power is known as
• Law of demand shows the functional relationship between _______ and quantity demanded
• If the percentage increase in quantity of a commodity demanded is its price, the coefficient of price elasticity of demand is:
• If the quantity of a commodity demanded remains unchanged as its price changes, the coefficient of price elasticity of demand is
• Law of demand shows the functional relationship between ………….and quantity demanded
• Demand for tyres depends on demand of vehicles, the demand for tyres called as
• Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is
• Demand = Desires + …………… + Willingness to pay
• Demand =Desires+ …………… +willingness to pay
• In economics …….. means ‘a state of rest ‘or ‘stability’