Standard of living is the level at which
- producers sell certain goods.
- consumers buy certain goods.
-producers make desired goods.
-consumers enjoy desired goods.

A living standard is a measure to what extent an individual or community can enjoy wealth, comfort, and material goods. This usually refers to the availability of desired products in a particular geographic area, most often a country. In doing so, the degree of wealth and the availability of desired material goods relates to the broadest socioeconomic community, which is relevant to the determination of standards, and not to a small number of rich individuals.

sg8010126 sg8010126 · Answer 2 · 2020-12-02T18:08:35+01:00

sg8010126 sg8010126

02-12-2020

Answer:

D

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Standard of living is the level at which - producers sell certain goods. - consumers buy certain goods. -producers make desired goods. -consumers enjoy desired goods.

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Standard of living is the level at which
- producers sell certain goods.
- consumers buy certain goods.
-producers make desired goods.
-consumers enjoy desired goods.