Question

study the responsiveness demand for commodities like salt matchbox candles television and foodgrain with respect to income level of five family aims and objectives

Answer 1

Price demand is that demand which refers to the various quantities of a commodity or service that a consumer would purchase at a given time in a market at various hypothetical prices. In this it is always assumed that other things such as consumer's income, his tastes and prices of related goods remain unchanged.

Answer 2

Answer:

Explanation:

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