Advertisements
Advertisements
प्रश्न
Why are articles of distinction or the Veblen are effect an exception to the law of demand?
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
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
