For Giffen good the angle Curve is:

CA Foundation · Business Economics · MTP · January 2025
For Giffen good the angle Curve is:
(A) A. Vertical
(B) B. Horizontal
(C) C. Negatively Sloped
(D) D. Positively Sloped

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Negatively Sloped

Topics: Theory of Demand and Supply

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