Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Our case today can be compared to our topic. Let us understand that everything has imitations in Our consumption-our basic needs lIke food, shelter and

Our case today can be compared to our topic. Let us understand that everything has imitations in Our consumption-our basic needs lIke food, shelter and water. Even our consumption on the mode of transportation has limitation.

The challenge to us, consumers, is how we make use of our initiative, and utilize our income to satisty our demands at the most affordable prices, for the sellers to supply the needs of the consumers while making profit, for the government to legislate the economy while helping all the agents and to protect the monetary and fiscal transactions.

As a consumer, how can we sustain our needs

(basic commodities) despite the challenges in increased price of these items in the market?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management And Organisational Behaviour

Authors: Laurie Mullins

7th Edition

9780273688761

Students also viewed these Economics questions