MyStudyPals.com MyStudyPals.com
  • Login
  • Feed

Resources

  • 📰
    Latest School News
  • 📚
    Scholarships
  • 🎓
    JAMB Syllabus
  • 📝
    Jamb Brochure

Information

  • 🔗
    Contact US
  • 🔗
    Privacy Policy
  • 🔗
    Terms and Conditions
  • 🔗
    About US

Effective supply is the total amount of a commodity

  • 📑 Past Questions
  • ⌛ Take CBT exam
  • 📟 Referral
  • 🎫 Support
  • 📢 Earnings
Economics WAEC 2017

Effective supply is the total amount of a commodity 

  • from a single producer
  • in the warehouse of producers
  • offered for sale at a market place checkmark
  • produced for the market

The correct answer is: C

Explanation

In economics, effective demand (ED) in a market is the demand for a product or service which occurs when purchasers are constrained in a different market. it is the Quantity of a good or service that consumers are actually buying at the current market price. 

Previous Question Next Question

Leave A Comment

© 2025 MyStudyPals.com