A giffen good is a good whose demand rises when the price rises, which is opposite to the laws of demand because the laws of demand state that a rise in price will result in a reduction of demand. An example can be a staple food like bread. If the price of bread rises, people will buy it more because they'll have to cut back on other more expensive things, of course this applies in theory.
Answer:
b engage in organized and systematic study of phenomena to enhance understanding.
Explanation:
Sociology is a systematic study of happenings that relate to society and the relationships that form among the members of society.
This field started first as August Compte in 1830 proposed a science based on the methods similar to the ones that apply to hard science thereby pursuing to unveil the secrets about how groups in society come together and work for different purposes.
Today the scope of sociology goes into analyzing power structures, the interest formation, as well as individuals within a whole.
The essay you have been asked to write about is an Explanatory Essay. See the details below on how to write an explanatory essay.
<h3>How do you write an explanatory essay?</h3>
The objective of an explanatory essay is to give proper explanation in simple and easy-to-understand language, the idea that you have been asked to write about.
Given that you have only three paragraphs:
- The first must be the introducing
- The second the body; and
- The last - the conclusion.
Learn more about explanatory essays at;
brainly.com/question/26979809
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Hello one of the synonyms can be benefits
I hope this helps.
