Economics · Consumer Behaviour and Laws
Which economic principle states that as incomes increase, the proportion of starchy staples in the food basket declines relative to the share of more expensive sources of calories?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Gresham's Law
- 2Adam Smith's Principle
- 3Keynes' Law
- 4Bennett's Law✓
Correct answer
Bennett's Law
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