Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Home Science Resource Management and Consumer Issues
Define Engel's law of consumption:
1
The percentage of income allocated for food purchases decreases as income rises.
2
The percentage of income allocated for luxury goods purchases decreases as income rises.
3
The percentage of income allocated for food purchases increases as income rises.
4
The percentage of income allocated for food purchases either decreases or increases as income rises.