Question

Q. what is Giffen's Paradox?​

Answer 1

Explanation:

The Giffen Paradox is an exception to the law of demand which states an indirect relationship with price and demand as well as a direct relationship with income and demand.

Answer 2

Explanation:

The Giffen Paradox refers to goods or services where demand increases with supply or demand falls when supply decreases. The Giffen Paradox refers to goods or services where demand increases with supply or demand falls when supply decreases.