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+ M.Tariq Malik liked habib ur rehman's discussion Eco401 GDB solution
May 31
habib ur rehman replied to khushi's discussion ECO401 GDB Spring 2021 Solution / Discussion Last Date: 03-06-2021 in the group ECO401 Economics
" Requirement#1: Which type of product is wheat for people from group A and people from group B? Solution: Wheat is a Giffen good for people from group A because a Giffen good is a low income, non-luxury product for which demand increases as…"
May 31
habib ur rehman added a discussion to the group ECO401 Economics
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Eco401 GDB solution

 Requirement#1:Which type of product is wheat for people from group A and people from group B?Solution:Wheat is a Giffen good for people from group A because a Giffen good is a low income, non-luxury product for which demand increases as the price increases and vice versa. A Giffen good has an upward-sloping demand curve which is contrary to the fundamental laws of demand which are based on a downward sloping demand curve. Demand for Giffen goods is heavily influenced by a lack of close…See More
May 31
habib ur rehman joined + M.Tariq Malik's group
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ECO401 Economics

ECO401 Economics.Download/upload Video Lectures, Handouts, Helping Materials, Assignments Solution, Online Quizzes, GDB, Past Papers, Solved Papers and more….
May 31
habib ur rehman updated their profile
May 25, 2020
habib ur rehman liked №Oř's discussion MCM301 Short Notes, Short Questions Answers, FAQs ,Glossary
Dec 20, 2019

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