Advertisements
Advertisements
प्रश्न
What are Giffen goods? Why it is called like that?
एक पंक्ति में उत्तर
उत्तर
Giffen Paradox: The Giffen good or inferior good is an exception to the law of demand. When the price of inferior goods, falls, the poor will buy less and vice versa.
shaalaa.com
Classification of Goods
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?