Economy, asked by prsabari75, 9 months ago

_______ states that the proportion of income spent on food decreases as income increases, other factors remaining constant.

1. Law of diminishing marginal utility
2. Law of equi-marginal utility
3. Engel Law
4. Law of demand

Answers

Answered by vanshika0497

1

Explanation:

Engel law

option 4 is your answer

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