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By contrast, a Giffen good is so strongly an inferior good (in higher demand at lower incomes) that the contrary income effect more than offsets the substitution effect, and the net effect of the good's price rise is to increase demand for it. This phenomenon is known as the Giffen paradox.
This phenomenon is often described as "Giffen's Paradox". However, it has been noticed [by whom?] that Giffen did not use potatoes as an example of Giffen goods. [13] Moreover, potatoes were not Giffen Goods during the Great Famine in Ireland. [14] Alfred Marshall's explanation of Giffen's Paradox was presented in terms of bread. [15]
Buttered cat paradox: Humorous example of a paradox from contradicting proverbs. Intentionally blank page: Many documents contain pages on which the text "This page intentionally left blank" is printed, thereby making the page not blank. Metabasis paradox: Conflicting definitions of what is the best kind of tragedy in Aristotle's Poetics.
united states district court for the district of columbia _____ public employees for environmental ) responsibility, et al., )
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President Donald Trump speaks to reporters after landing at Palm Beach International Airport in West Palm Beach, Fla., Sunday, Feb. 16, 2025, after attending the NASCAR Daytona 500 auto race.
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