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One of the exceptions of Law of Demand is described by Sir Robert Giffen. He said that even though the price, for necessary goods rise, the demand for them will not decrease. These goods are called:

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Syllabus For Strategic Performance Management (50% Weightage):
1. Conceptual Framework of Performance Management
2. Performance Evaluation & Improvement Tools
3. Economic Efficiency of the firm - Impact analysis on Performance
4. Enterprise Risk Management


One of the exceptions of Law of Demand is described by Sir Robert Giffen. He said that even though the price, for necessary goods rise, the demand for them will not decrease. These goods are called:






 
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