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Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Consumer's Equilibrium and Demand › Veblen goods differ from Giffen goods because th…

Veblen goods differ from Giffen goods because they are generally

Ainferior goods
Bfree public goods
Chigh quality goods
Dspoiled goods
Answer & Solution
Correct answer: C. high quality goods
Giffen goods are inferior, while Veblen goods are generally high quality luxury items.
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