Question

Study the responsiveness of demand for commodities like salt matchboxes candle television food grains with respect to income level of five families introduction

Answer 1

All this above mentioned commodities are very basic for human well being. Salt is a basic commodity very necessary for any meal. Matchbox is the chief source of fuel in any given family and non of the families can afford to miss. Food grains are the actual basic foodstuff which should be present in any of the families, television is a luxury but very necessary source of information.

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