Effective demand in economics means

Effective demand in economics means
  • A.
    the desire for a commodity
  • B.
    a proposal to purchase a good on credit
  • C.
    the desire for a commodity or service backed by purchasing power
  • D.
    an irrevocable instruction to the seller to meet up the need of the buyers
  • E.
    the propensiyt to consume googd produced by manufacturers
Correct Answer: Option C
Explanation
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