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Title: A Giffen good: (Multiple Choice) Post by: corie on Oct 24, 2017 A Giffen good
A) is always the same as an inferior good. B) is the special subset of inferior goods in which the substitution effect dominates the income effect. C) is the special subset of inferior goods in which the income effect dominates the substitution effect. D) must have a downward sloping demand curve. Title: Re: A Giffen good (Multiple Choice Question) Post by: LBCea on Oct 24, 2017 C
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