Pete consumes two goods, rice and fish. When the price of fish rises, he consumes less fish. When the price of rice rises, he consumes more rice. For Pete,

a. fish is not a Giffen good but rice is.
b. rice is not a Giffen good but fish is.
c. both fish and rice are normal goods.
d. both fish and rice are Giffen goods.


a

Economics

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