1.

A family of four, two adults and two primary school going children, has shifted from Delhi to a smalltown. How will this influence their spending plan? Point out three important areas of expenditurewhich can show a definite positive change and support your answer with adequate reasons

Answer»

Answer:

The shifting of the FAMILY from Delhi to a small town shall decrease the EXPENDITURE in their SPENDING plan.

Explanation:

  • Some of the KEY features that shall change in his spending shall be; transport, ACCOMODATION, cost of food and others.
  • We expect this goods to be cheaper compared to their previous place of residence.
  • The schools also shall be cheaper compared to Delhi where schools are eaxpensive now that it is a city.


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