study the responsiveness of demand for commodities like salt matchbox candles television and foodgrain with respect to income level of five family by conclusion
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The demand for the foodgrains and the salt will be inelastic.
On the other hand, the demand for the commodities like candles, matchbox, and television will be unitary elastic.
Moreover, to make such study, you need to personally visit the five families.
The income level of five families will determine the demand of such commodities.
The income level will vary, so the demand of the items will also differ.
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