Accountancy, asked by yaarayaara333, 2 days ago

Giffen paradox refers as

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Answered by shivanshmishra478

Explanation:

Giffen's paradox refers to the possibility that standard competitive demand, with nominal wealth held constant, can be upward sloping, violating the law of demand. ... Giffen preferences are preferences that can exhibit Giffen's paradox.

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Giffen paradox refers as ​

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Giffen paradox refers as