Question

Rohit reduced the demand for low quality cereals as his salary increased​

Answer 1

Explanation:

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Answer 2

Rohit reduced the demand for low-quality cereals as his salary increased​ because he can now afford to buy a better quality cereal.

• Rohit consumed low-quality cereal when his income was low. Later, when his income increased he switched to a better quality cereal even though its price remained the same.
• This is because, with more income in hand, he can now afford the high-quality cereal, and therefore even if the price of the low-quality cereal goes down, he still would not switch back to it.