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RE: Economic Concepts - Giffen Goods (Video)

in #economics7 years ago

In my 2 cent opinions
Answers 1 = B Wheat Flour is a giffin good Wheat flower is essential for daily routine use although people don't like to eat wheat flour if the prices of wheat flour decreases people love to pizza, gourmet sausage or banana
for Answer 2 = D gourmet sausage is an inferior goods.
Thanks for your video tutorial.