분야
pptxMain Body 1 – Changes of consumptions according to income changes
1-1 Calories
1-2 Processed Food
Main Body 2 – Consumption difference due to food safety awareness
2-1 Regional Concerns about Food Safety
2-2 Effect of Food Labeling Information
Conclusion
As household’s income increases, the relative price of time rises.
The relative price of time rises and households choose purchasing more processed food for saving time.
Increasing of income invokes increasing of processed food.
