ICSE Class X Economics 2023 Solved Papers
© examsnet.com
Question : 27
Total: 47
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.
(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: