In case of Giffen goods, demand curve will slope:

Related MCQs

• The Giffen goods are ………. Goods
• Exceptional Demand Curve (Perverse demand curve)
• In the case of unitary elastic demand, the shape of demand curve is
• The horizontal demand curve for a commodity shows that its demand is:
• Demand for tyres depends on demand of vehicles, the demand for tyres called as
• Demand for necessary goods (salt, rice, etc,) is……….and demand for comfort and luxury good is
• In the case of perfect elasticity, the demand curve is
• In the case of …………… Consumer may moves to higher or lower demand curve
• in the case of perfect inelasticity, the demand curve is
• The demand curve of a firm in the case of perfect competition is: