Advertisements
Advertisements
प्रश्न
Why are articles of distinction or the Veblen are effect an exception to the law of demand?
Advertisements
उत्तर
Veblen effect: Some people consider the price of a commodity as a true indicator of its quality. Hence, they purchase more of a commodity with the increase in its price.
shaalaa.com
Concept for Law of demand and supply
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
