Business, 18.03.2020 21:38 lrasanaoaksandfurana

Economists Robert Jensen and Nolan Miller reasoned that to be a Giffen good, with an income effect larger than its substitution effect, a good must be and make up a portion of a consumer's budget.

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Economists Robert Jensen and Nolan Miller reasoned that to be a Giffen good, with an income effect l...

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