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Subject Area: Economics
Topic: General Treatises on Economics

DEMAND FOR COMMODITIES, - Thomas Robert Malthus, Definitions in Political Economy [1827]

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Definitions in Political Economy (London: John Murray, 1827).

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DEMAND FOR COMMODITIES,

47. Has two distinct meanings: one, in regard to its extent, or the quantity of commodities purchased; and the other, in regard to its intensity, or the sacrifice which the demanders are able and willing to make in order to satisfy their wants.