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What is giffen goods?

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What is giffen goods?
  • 3 answers

Jasmeet Singh 7 years, 8 months ago

Griffin goods are those good whose income effect is negative but price effect positive

Kajal Rajput 7 years, 8 months ago

Good whose demand decrease after fall in price

Crystal Singh 7 years, 8 months ago

They are highly inferior goods ,showing negative income effect
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