Economy, asked by muskanhussain2302, 1 year ago

For giffin goods, Price elasticity of demand is (a) Negative (b) Positive (b) Zero (d) None of these

Answers

Answered by thelmaokanda
0

its none of the above because a giffen good has an upward slopping curve for as supply so the PED of a giffen good is not +ve or -ve neither is it zero because it it completely in contrary with the law of demand

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