Effects of rationing – InterviewSolution

1.	Effects of rationing
Answer» First LET us consider the EFFECT, during sugar rationing, of a change in the con- sumer's income on his DEMAND for jam. The effect will not be the same as in a free market, where the consumer would be free to RESPOND to a rise in income by increasing his sugar consumption. HOPE IT WILL HELP YOU ✌️

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