English

In which exception to the law of demand does the consumer equate price and quality. - Economic Applications

Advertisements
Advertisements

Question

In which exception to the law of demand does the consumer equate price and quality.

Options

  • Bandwagon Effect

  • Veblen Effect

  • Giffen Effect

  • Conspicous consumption

MCQ

Solution

Veblen Effect

shaalaa.com
  Is there an error in this question or solution?
2024-2025 (April) Specimen Paper
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×