The demand curve for Giffen’s goods:

Related MCQs

• If the demand curve is linear and negatively sloped, the marginal revenue curve has a slope:
• When demand curve is rectangular hyperbola, the value of price elasticity of demand will be:
• The MC curve cuts the AC curve at
• Which of the following Elasticities measure movement along a curve, rather than a shift in the curve:
• In drawing an individual demand curve for a commodity, all but which of the following are kept constant:
• A fall in the price of the commodity whose demand curve is a rectangular hyperbola causes total expenditure on the commodity:
• A movement down the given demand curve shows:
• On a linear demand curve, the coefficient of price elasticity is unity, then the value of MR will be:
• “Effective demand is different from aggregate demand”. This statement is:
• For complementary goods, the cross elasticity of demand: