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 Date: 2009-11-05 13:17:51Marginal rate of substitution Consumer choice Marginal utility Income–consumption curve Substitute good Giffen good Demand Utility Law of demand Consumer theory Economics Indifference curve |
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A Note on Giffen Goods Peter G. Klein Revised 5 November 2009 Both the Austrian causal-realist and neoclassical approaches to demand begin with an ordinal preference ranking. But the understandings of marginal and total