ixambee.com
New RBI Grade B 2025 Notification will come Soon! Enroll Here

    • My Home
      • Dashboard
      • My Account
      • My Courses
      • My Performance
      • Packages
      • Logout
    • youtube Free Videos
      Youtube VideosLive Classes RBI Grade BLive Classes SEBI Grade ALive Classes IBPS PO & RRB
    • Previous Year Paper
    • Exams
    • Online Course
    • Free Mock Test
    • General Awareness
    • Daily Practice
    • All Courses
    • Private Jobs New
    • Testimonials
    ixambee mentorbee
    1. Home
    2. Questions
    3. General Awareness
    4. ESIC Part B
    5. What is the demand curve for a Giffen good?

    Question

    What is the demand curve for a Giffen

    good?
    A Downward sloping Correct Answer Incorrect Answer
    B Upward sloping Correct Answer Incorrect Answer
    C Perfectly elastic Correct Answer Incorrect Answer
    D Perfectly inelastic Correct Answer Incorrect Answer

    Solution

    The demand curve for a Giffen good is upward sloping, which means that as the price of the good increases, the quantity demanded also increases.

    Practice Next
      More ESIC Part B Questions
    • Who is the Principal Scientific Adviser to the Government of India?

    • Identify the river historically known as Vitasta, which originates from Chashma Verinag.

    • What was the Worker Population Ratio (WPR) for males aged 15 years and above in usual status (ps+ss) during July 2023 – June 2024 as per the PLFS repo...

    • Which of the following country opened its first women-only motor show?

    • Which country initiated the idea to celebrate International Mother Language Day?

    • According to the Forbes recent list, which is the best country in the world for ‘business’?

    • A cube of side length 5 cm is painted on all its faces and then cut into smaller cubes of side length 1 cm. How many smaller cubes have no paint on them?

    • Which type of climate does Koeppen's "B" classification represent? 

    • India recently signed a Bilateral Investment Treaty (BIT) with which country to safeguard investor interests? 

    • Who will be going to host the 2020 Olympic Games in which IOC will introduce new events?

    Relevant for Exams:

    • UPSC EO/AO

    Please Register/Login to Download Question

    I Pledged to:

    Please Enter Details

    call-back
    Please enter Name We'll never share your email with anyone else.
    Please enter Correct Mobile Number We'll never share your email with anyone else.

    Thank You

    +91-9205524028 Available Mon-Sat (10 AM to 7 PM)

    [email protected]

    © ATOZLEARN EDUTECH PRIVATE LIMITED All rights reserved.

    Update Address

    Please enter complete address
    Please enter pincode
    Please enter State
    Please enter City

    Download the app

    ×
    QR Code
    Get Started with ixamBee

    Start learning 50% faster. Sign in now

    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Please enter Mobile Number Please enter valid Mobile Number
    Email id already Exists Please Enter valid Email Address
    Please enter Mobile Number or Email Please enter valid Mobile Number or Email
    Mobile Number id already Exists Please Enter valid Mobile Number
    Please enter valid OTP Mail sent on your email