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    Exam 21: The Theory of Consumer Choice
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    If a Good Is a Giffen Good,then
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If a Good Is a Giffen Good,then

Question 140

Question 140

Multiple Choice

If a good is a Giffen good,then


A) the supply curve slopes down.
B) the demand curve slopes up.
C) the demand curve is horizontal.
D) there is no optimal level of consumption for the consumer.

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