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nakungth nakungth
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Posts: 1175
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6 years ago
Good A is a Giffen good.  If the price of good A were to suddenly double, the income effect would cause the purchases of good A to increase by
A) more than double.
B) exactly double.
C) less than double.
D) Any of the above are possible.     
E) none of the above
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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6 years ago
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nakungth Author
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#2
5 years ago
A+ answer, ty
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