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CISCE(English Medium) ICSE Class 10
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Syllabus

Give an example of Giffen goods. - Economic Applications

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Question

Give an example of Giffen goods.

One Line Answer
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Solution

Bread, staple food (or rice) are an example of Giffen goods.

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Q 10. b
Chapter 1: Elementary Theory of Demand - QUESTION BANK [Page 24]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTION BANK | Q 10. b | Page 24
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