Economy, asked by dalvisamiksha433, 1 month ago

the comodities having relatively less eleste demand

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Answered by qroyal022
1

Answer:

Position in the Budget:

The elasticities of such commodities on which a small percentage of income is spent are relatively less elastic. For example: Soap, matches, ink etc., are such commodities on which larger position of income is spent are of elastic in nature.

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