Which law states that with constant taste and preferences :

Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increase?

  1. Gresham’s Law
  2. Griffin’s Law
  3. Say’s Law
  4. Engel’s Law
Anurag Mishra Professor Asked on 6th December 2015 in Physics.
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    Answer: (4) Engel’s Law

    Anurag Mishra Professor Answered on 8th December 2015.
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