A. Derived
B. Composite
C. Competitive
D. Joint
Correct Answer:
Option D – Joint
Explanation
Joint demand refers to the relationship between two or more commodities or services when they are demanded together to satisfy one want. There is joint demand for cars and petrol, pens and ink, tea and sugar, etc. Jointly demanded goods are complementary.
100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…
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100 Level Department Of X-Ray Technicians exam questions and detailed answers. Download the answers in…