French, asked by agspgbld, 9 months ago

in case of griffen goods the demand curve will be​

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Answered by Samhitha2006
7

Answer:

In the case of a Giffen good, the demand curve will be

A Giffen good has an upward-sloping demand curve, which is contrary to the fundamental law of demand, which states that the quantity demanded for a product falls as the price increases, resulting in a downward slope for the demand curve

Explanation:

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Answered by Anonymous
0

Explanation:

In the case of a Giffen good, the demand curve will be

A Giffen good has an upward-sloping demand curve, which is contrary to the fundamental law of demand, which states that the quantity demanded for a product falls as the price increases, resulting in a downward slope for the demand curve.

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