Suppose the substitution effect of a good is positive, and income effect of the goods is negative. The income effect outweighs its substitution effect. The good is a:
  A. Veblen good
  B. Giffen good
  C. Non-satiation good
  Solution:B
  Giffen goods & Veblen goods: 吉芬商品的替代效應為正,收入效應為負,總效應為負;Veblen商品用替代效應和收入效應沒有辦法去解釋Non-satiation good:non-satiation是越多越喜歡,這種商品是一般的商品,就是價格越低,消費量越高。