When the price of most types of products goes up, demand for them tightens. Except for a couple of special cases.

But there are some categories that violate our intuitions around supply and demand. And they do so for very different reasons. Meet Veblen and Giffen goods, the products that "break the rules". Normal ...

And they do so for very different reasons. Meet Veblen and Giffen goods, the products that“break the rules”. Normal goods can be further divided into two types: necessity goods and luxury goods.

But there are some categories that violate our intuitions around supply and demand. And they do so for very different reasons ...

When the price of most types of products goes up, demand for them tightens. Except for a couple of special cases.

Giffen Solar Park is a 23MW solar PV power project. It is located in California, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently ...