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Giffen goods are rare forms of inferior goods that have no cheaper close substitute or alternative such as bread, rice, and potatoes. The only difference from traditional inferior goods is that demand increases even when their price rises, regardless of a consumer's income.
Which of the following statements is definitely true according to the passage?
A. The final count for state has recently been completed.
At what time did the temple pillars arrive in the U.S?
What did Mahendra see when he woke up one night?
Which of the following is/are true according to the passage?
(i) 10 years ago, tourism was not at all developed in developing countries, and i...
Which of the following word is similar in meaning to imperial as used in the passage?
Choose the word which is the most opposite in meaning to the word ‘insinuating’ as used in the passage .
What is possibly the short-term priority to be undertaken in the health sector?
What is the primary driver of climate change, as mentioned in the passage?
The International Monetary Fund (IMF), the World Bank and the International Trade Organization were conceived at the Breton Woods Conference in July 194...
Which one of the following maybe a suitable meaning of the following phrase ‘brushed under the carpet’ as used in the passage above.
...