Question: please solve the question by CHOOSING ANY THREE COMMODITY GROUPS Presented below in the table are the average household weekly expenditure ($) of the selected
please solve the question by CHOOSING ANY THREE COMMODITY GROUPS
Presented below in the table are the average household weekly expenditure ($) of the selected major commodity groups by household income quintile in Australia in 2015-16. Using the information provided, choose any three commodity groups to analyze the patterns of consumption of these commodity groups by households with different levels of income. You are expected to apply appropriate concepts and calculate appropriate indicators in your analysis. Your response should be no more than 200 words, excluding calculations. Average household weekly expenditure ($) by income quintile Q2 Q3 Q4 Average of all income levels (lowest) 153 205 273 325 279 Current housing costs Domestic fuel and power 29 34 40 44 40 Food and non-alcoholic 114 164 227 289 237 beverages Alcoholic beverages 11 22 31 34 32 Transport 73 117 182 249 206 Communication 25 35 47 55 46 Recreation 62 103 150 198 172 All Commodities 632 934 1,301 1,674 1,425 Q5 (highest) 442 55 391 63 411 68 342 2,589 Presented below in the table are the average household weekly expenditure ($) of the selected major commodity groups by household income quintile in Australia in 2015-16. Using the information provided, choose any three commodity groups to analyze the patterns of consumption of these commodity groups by households with different levels of income. You are expected to apply appropriate concepts and calculate appropriate indicators in your analysis. Your response should be no more than 200 words, excluding calculations. Average household weekly expenditure ($) by income quintile Q2 Q3 Q4 Average of all income levels (lowest) 153 205 273 325 279 Current housing costs Domestic fuel and power 29 34 40 44 40 Food and non-alcoholic 114 164 227 289 237 beverages Alcoholic beverages 11 22 31 34 32 Transport 73 117 182 249 206 Communication 25 35 47 55 46 Recreation 62 103 150 198 172 All Commodities 632 934 1,301 1,674 1,425 Q5 (highest) 442 55 391 63 411 68 342 2,589
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