How will a decrease in real income affect demand for commodity?

A decrease in real income typically leads to a reduction in consumers' purchasing power, causing them to buy less of both normal and luxury goods. For commodities, this may result in decreased demand, especially for non-essential items, as consumers prioritize essential goods and services. However, for inferior goods—those that are cheaper alternatives—demand may actually increase as individuals seek to save money. Overall, the demand for commodities will likely decline as consumers adjust their spending in response to lower real income.