In the following diagrams, the black dots represent points where the illustrated lines are tangent to indifference curves. a. In which figure(s) is X a normal good?b. In which figure(s) is X a Giffen good?c. In which figure(s) is Y an inferior good?d. In which figure(s) is Y a Giffengood? Figure A Figure C Figure D Figure E Figure B
In the following diagrams, the black dots represent points where the illustrated lines are tangent to indifference curves.
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a. In which figure(s) is X a normal good?
b. In which figure(s) is X a Giffen good?
c. In which figure(s) is Y an inferior good?
d. In which figure(s) is Y a Giffengood?
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