Giffen goods
A)are theoretical and have never been discovered in the real world.
B)have not existed since prior to the Industrial Revolution.
C)were proven to exist in the 1890s by Sir Robert Giffen.
D)were not shown to actually exist until 2006.

Question

Quizplus · Accepted Answer

The Answer of Giffen goods
A)are theoretical and have never been discovered in the real world.
B)have not existed since prior to the Industrial Revolution.
C)were proven to exist in the 1890s by Sir Robert Giffen.
D)were not shown to actually exist until 2006.

Giffen Goods