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Kyuubi Kyuubi
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Posts: 1012
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6 years ago
A Giffen good is:
A) identical to an inferior good
B) one whose quantity demanded rises as its price rises and falls as its price falls, other things being equal
C) one whose quantity demanded rises as its price falls and falls as its price rises, other things being equal
D) a good with a constant price
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
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