New: giffengoodsAll contenthive-129948krhive-196917zzansteemhive-183959hive-185836photographyhive-180932hive-166405uncommonlabhive-150122hive-183397hive-101145hive-188619hive-144064bitcoinhive-145157krsuccesslifehive-193637hive-181136hive-184714hive-109690hive-103599TrendingNewHotLikersaoddl94 (69)in giffengoods • last yearGiffen goodsGiffen 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…