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In case of griffin goods when price of commodity falls ,its demand also falls ...why??

Posted by Antima Agarwal 5 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Samira . 5 years, 6 months ago

Giifen goods are highly low quality goods if it's price falls than it means that people can buy another thing instead of it . That's why they move towards other goods . When i was reading this chapter i have also a thought about itin my mind but i found its answer in my genious brain so before asking think about a topic and i am sure you will also find anwer yourself.

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CBSE > Class 12 > Economics