मराठी

True or False with Reasons: In case of giffen goods, demand curve slope upwards.

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प्रश्न

True or False with Reasons:

In case of giffen goods, demand curve slope upwards.

चूक किंवा बरोबर
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उत्तर

This statement is true.

Reason:

  • Giffen goods are an exception to the usual law of demand.
  • Their quantity demanded rises when their price rises, so their demand curve slopes upward.
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पाठ 3: Demand - OBJECTIVE QUESTIONS [पृष्ठ ३.३७]

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संदीप गर्ग Introductory Microeconomics [English] Class 11
पाठ 3 Demand
OBJECTIVE QUESTIONS | Q 17. | पृष्ठ ३.३७
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