Question

Which of the following items has the highest Engel's elasticity with respect to Private Final Consumption Expenditure?; 1) Health; 2) Clothing and footwear; 3) Eduction; 4) Food and non-alcoholic beverages

Answer 1

Hello mate

here's your answer

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Option 4✔✔

Food and alcoholic beverages has the highest engels elasticity with respect to private final consumption expenditure.

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Hope it helps you

Answer 2

$\huge\bold\red {Answer}$

Which of the following items has the highest Engel's elasticity with respect to Private Final Consumption Expenditure?;

1) Health;

2) Clothing and footwear;

3) Eduction;

4) Food and non-alcoholic beverages

$\huge\bold\red {Thanks}$