Study the responsiveness of demand for commodities like salt.matchboxes candles television food grains with respect to income level of five families
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The basic demand of the families of upper income and lower income will be the same such as salt. Since both the income group will require salt to make their food tasteful.
On the other hand, candle, matchsticks, food grains will differ since some can afford it while some can’t that will fluctuate their demand. On the other hand, television can be afforded by upper class or a person with luxury only.
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