New: giffengoods

aoddl94 (69)in giffengoods • 2 years ago
Giffen goods
Giffen goods are theoretical and would have an upward-sloping demand curve. Has postive suubstitution effect and negative income effect. Its income effect is larger than substitution effect, so…
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Disagreement on rewards
Fraud or plagiarism
Hate speech or trolling
Miscategorized content or spam

Submit
$2.63
Past Payouts $2.63
- Author $1.32
- Curators $1.31
1

Giffen goods