MCQOPTIONS
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| 1. |
In economic terms, which of the following factors determine the ‘Individual’s demand’ of a product/commodity ? Price of a commodity. Income of the individual. Utility and quality of a commodity. |
| A. | Only 1 |
| B. | Only 2 |
| C. | Only 3 |
| D. | Only 1 and 3 |
| E. | All 1, 2 and 3 |
| Answer» F. | |