Price and demand are positively correlated in case of

1.	Price and demand are positively correlated in case of
Answer» Giffen goods Price and demand are POSITIVELY correlated in case of Giffen goods. A Giffen GOOD is a product for which demand increases as the price increases and FALLS when the price decreases.

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Giffen goods

Price and demand are POSITIVELY correlated in case of Giffen goods. A Giffen GOOD is a product for which demand increases as the price increases and FALLS when the price decreases.

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Price and demand are positively correlated in case of

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