Question

Explain how factors like income, food price and quantity influence food expenditure?

02 Mar 2022
Answer :
Word Count : 755

FACTORS INFLUENCING FOOD EXPENDITURE

Income

It will be easier to understand and evaluate the amount of expenditure on food when you classify consumers into different classes of income earners.

Let us take the case of those who belong to low income groups. In popular terms, they are called poor people. Though their income is very low, they have to eat some food to live and without food they cannot think of earning even that low income.

Their requirement of energy is the same as the energy requirements of others in their i age group. Hence, they have ts a-pnd most of their earnings on basic food and as a result they have to select cheaper items. Food articles like wheat alld rice are considerect

to be superior than other grains like bajra, ragi and jowar which are usually called t come cereals. Even within rice, you have coarse varieties and medium and fine I varieties. The cost of buying these commodities will vary because you pay different I prices when you buy them. Similarly, there are other items of food which are available at cheaper rates like jaggery ________ ______ ______ _______ ______ ____ _____ _________ _______ __________ ____.
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