The quantity of commodity a consumer is willing and able to …

JAMB Economics 2023 52 views

The quantity of commodity a consumer is willing and able to buy at a particular time is called

  1. demand ✓
  2. supply
  3. desire
  4. wish

Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.

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