Test Index
ICSE Class X Economics 2023 Papers
© examsnet.com
Question : 27 of 47
Marks:
+1,
-0
Mention any two examples of composite demand.
Solution:
Demand for good which have multiple uses is called composite demand. Examples of composite demand are : (1) Milk is used for Cheese, Butter, Tea, Coffee, Sweets etc. (2) Steel is used for buildings, infrastructure, automotive, mechanical equipment etc.
© examsnet.com
Go to Question: