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According to the Case in Point on the Discovery of an Upward-Sloping

Question 203

Multiple Choice

According to the Case in Point on the discovery of an upward-sloping demand curve, an example of a Giffen good:


A) is rice for poor consumers in southern China.
B) potatoes during the Irish famine.
C) tortillas for poor consumers in Mexico.
D) would be all inferior goods.

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