what are giffen goods | Examples of giffen goods | demand curve of giffen goods
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This video is about the
This video is about the Giffen goods. students find it helpful to understand the concept of Giffen goods in economics. these are low-priced and non-luxurious products, the demand for which rises along with the price.
These products are necessary to fulfill the need for food, and they have only a few substitutes. Bread, wheat, and rice are examples of Giffen goods
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These products are necessary to fulfill the need for food, and they have only a few substitutes. Bread, wheat, and rice are examples of Giffen goods
If you like the content Like
Share
Subscribe
happy Learning
2 سال پیش
در تاریخ 1401/08/20 منتشر شده
است.
276
بـار بازدید شده