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Class : 11
Unit : Economics


Write the meaning of Desire.
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Ans : The term desire means the wish of individuals to have some goods and services whether or not the/she has the paying capacity. It is just the interest of the consumers to have some goods and services. It is not supported by ability and willingness to pay.
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Write the concept of market economy. Explain its features.
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Write the meaning of Demand.


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