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The image of an object, placed in front of a spherical convex mirror as shown, forms between
Giffen Good
A good for which an increase in the price raises the quantity demanded
Hunan
A province in south-central China, known for its spicy cuisine, rich cultural heritage, and historical significance.
Inferior Good
A type of good for which demand decreases as the income of consumers increases, inversely related to income changes.
Substitution Effect
The change in consumption patterns due to a change in relative prices, causing consumers to substitute cheaper goods for more expensive ones.
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