Question

Due to the increase in income level service is demanded more by certain sections of people.

• A. insurance
• B. banking
• C. laundry
• D. transportation

Answer 1

The correct option is C laundry

As the income levels of people rise, they demand more services like laundry, restaurants, tourism, private healthcare services, private schools, and more. Services like transportation, insurance, and banking are essential and basic services. They are not affected by the income level of the consumers.