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Composite demand refers to:
  • a)
    The demand for multiple products by a consumer.
  • b)
    The demand for a product that has multiple uses.
  • c)
    The demand for a product that is derived from other products.
  • d)
    The demand for a product that is affected by the demand for related products.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Composite demand refers to:a)The demand for multiple products by a con...
Composite demand refers to the demand for a product that has multiple uses. Therefore, option (b) is the correct answer.
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Composite demand refers to:a)The demand for multiple products by a consumer.b)The demand for a product that has multiple uses.c)The demand for a product that is derived from other products.d)The demand for a product that is affected by the demand for related products.Correct answer is option 'B'. Can you explain this answer?
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Composite demand refers to:a)The demand for multiple products by a consumer.b)The demand for a product that has multiple uses.c)The demand for a product that is derived from other products.d)The demand for a product that is affected by the demand for related products.Correct answer is option 'B'. Can you explain this answer? for JAMB 2025 is part of JAMB preparation. The Question and answers have been prepared according to the JAMB exam syllabus. Information about Composite demand refers to:a)The demand for multiple products by a consumer.b)The demand for a product that has multiple uses.c)The demand for a product that is derived from other products.d)The demand for a product that is affected by the demand for related products.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for JAMB 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Composite demand refers to:a)The demand for multiple products by a consumer.b)The demand for a product that has multiple uses.c)The demand for a product that is derived from other products.d)The demand for a product that is affected by the demand for related products.Correct answer is option 'B'. Can you explain this answer?.
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