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The Case of a "Giffen Good"
The Journal of Economic Education
Vol. 25, No. 2 (Spring, 1994), pp. 137-147
Published by: Taylor & Francis, Ltd.
Stable URL: http://www.jstor.org/stable/1183280
Page Count: 11
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A specific utility function is presented along with a numerical example to show a positive sloped demand curve for a Giffen good.
The Journal of Economic Education © 1994 Taylor & Francis, Ltd.