Economy, asked by jesikaatwal55870, 10 months ago

what is giffen goods

Answers

Answered by Anonymous

9

Answer:

giffen goods are thos goods which are cheap and low quality

Answered by ItzVaish

12

Pranam /\

Giffen good is a product that people consume more of as the price rises and vice versa—violating the basic law of demand in microeconomics.

Dhanyawad /\

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