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Economics is a science which studies human behaviors as a relationship between ends and scarce resources which can be put to alternate uses. It can also be defined as making choices in the presence of scarcity.
Demand is defined as the quantity of the commodity which the consumer is willing to but at a given price at a given time backed up by the ability to pay.
It is an equation showing the functional relationship (Wenyi, L. et al; 1984) between the demand
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