What is engel theory
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Engel's Law is an economic theoryintroduced in 1857 by Ernst Engel, a German statistician, stating that the percentage of income allocated for food purchases decreases as income rises.
tapas75:
Yes bro
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engel'sLaw is an
economic theoryintrouced in
1857 by Ernst Engel,a german
statistician, stating that the
percentage of income allocated
for food purchases decrases as
income rises
economic theoryintrouced in
1857 by Ernst Engel,a german
statistician, stating that the
percentage of income allocated
for food purchases decrases as
income rises
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