For which of the following pairs of commodities, the ratio of demand is highest in the year 2020?
- AOption (a)
Food grains : Milk
- BOption (b)
(Meat, Fish and Eggs) : Sugar
- COption (c)
Milk : Vegetables
- DOption (d)
(Meat, Fish and Eggs) : Edible oil
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Correct answer
(Meat, Fish and Eggs) : Edible oil
Why this answer is correct
Formula used:
Ratio of demand for two commodities = (Higher demand) / (Lower demand)
Calculation:
Foodgrains to Milk = 350.0 / 287.5 ≈ 1.22
Meat, Fish, and Eggs to Sugar = 28.3 / 23.1 ≈ 1.22
Milk to Vegetables = 287.5 / 170.2 ≈ 1.69
Meat, Fish, and Eggs to Edible oil = 28.3 / 14.3 ≈ 1.98
Highest ratio = 1.98 (Meat, Fish, and Eggs to Edible oil)
∴ The highest ratio among the given options is for Meat, Fish, and Eggs to Edible oil.