Question

Demand which is independent of the other product or main product, not linked or tie-up with the other goods or commodity is known as:

A Autonomous Demand Correct Answer Incorrect Answer
B Derived Demand Correct Answer Incorrect Answer
C Cross Demand Correct Answer Incorrect Answer
D Income Demand Correct Answer Incorrect Answer
E Price Demand Correct Answer Incorrect Answer

Solution

Autonomous demand is independent of the other product or main product. It’s not linked or tie-up with the other goods or commodity.eg: food articles, clothes.

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