Collect the data about the quality of standard of living of 20 families conclusion
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Market demand schedule. In economics, a Market Demand Schedule is a tabulation of the quantity of a good that all consumers in a market will purchase at a given price. Generally, there is an inverse relationship between the price and the quantity demanded.
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Standard of living is the essential comfort required by a group of people or a community.
The standard of living changes from region to region.
It also hugely depends upon the wealth a family or individual possesses.
The people tend to have basic material needs and necessary items based on the economic class they live in.
This concept is related to maintaining the quality of life of an individual or a family.
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