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单选题 编号:2690390
1. If widgets are a Giffen good, which of the following describes the effect of a price decrease in widgets? Quantity demanded will most likely.
  • A.Increase in accordance with the law of demand.
  • B.Decrease because a lower price makes a Giffen good less desirable.
  • C.Decrease because the income effect will more than offset the substitution effect.

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