Effective demand in economics means
ECONOMICS
WAEC 1995
Effective demand in economics means
- A. the desire for a commodity
- B. a proposal to purchase a good on credit
- C. the desire for a commodity or service backed by purchasing power
- D. an irrevocable instruction to the seller to meet up the need of the buyers
Correct Answer: C. the desire for a commodity or service backed by purchasing power
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