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Is It Possible for a Normal Good to Be a Giffen

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Essay

Is it possible for a normal good to be a Giffen good? Briefly explain.


Definitions:

Polite Request

A respectfully framed appeal or petition made to someone.

Legitimate Power

Authority that is officially granted to a leader or manager by an organization, recognized as rightful by those who are governed by it.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Order

The arrangement or organization of people, tasks, or things following a particular sequence, pattern, or method.

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