12. Scott finds that the higher the pricec of orange juic, the more money he spends...

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12. Scott finds that the higher the pricec of orange juic, the more money he spends on orange juice. Docs that mean that Scott has discovered a Giffen good? 12. Scott finds that the higher the pricec of orange juic, the more money he spends on orange juice. Docs that mean that Scott has discovered a Giffen good?

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Giffen good is the good whose demand curve is upwa... View the full answer