Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: 4. Which theory holds the statement, "Demand is strengthened with a rise in price or weakened with a fall in price". A. Veblen?s effect C. Giffen?s Paradox
B. Speculation D. Necessaries
A: Giffen's Paradox holds the statement, "Demand is strengthened with a rise in price or weakened with a fall in price".
Question
Asked 9/24/2012 11:52:55 PM
Updated 12/20/2016 5:38:04 AM
1 Answer/Comment
Get an answer
New answers
Rating
3
Giffen's Paradox holds the statement, "Demand is strengthened with a rise in price or weakened with a fall in price".
Added 12/20/2016 5:38:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/20/2016 6:53:40 AM], Rated good by jeifunk
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
27,006,959 questions answered
*
Get answers from Weegy and a team of really smart lives experts.
S
L
Points 247 [Total 265] Ratings 0 Comments 177 Invitations 7 Offline
S
L
Points 130 [Total 130] Ratings 0 Comments 130 Invitations 0 Offline
S
L
R
Points 125 [Total 276] Ratings 1 Comments 5 Invitations 11 Offline
S
R
L
R
P
R
P
R
Points 66 [Total 734] Ratings 0 Comments 6 Invitations 6 Offline
S
1
L
L
P
R
P
L
P
P
R
P
R
P
R
P
P
Points 62 [Total 13329] Ratings 0 Comments 62 Invitations 0 Offline
S
L
1
R
Points 34 [Total 1450] Ratings 2 Comments 14 Invitations 0 Offline
S
L
Points 10 [Total 187] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 10 [Total 13] Ratings 0 Comments 10 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.