| 单词 | Veblen good |
| 释义 | Veblen good Veblen good A good for which the demand increases as its price increases. This is contrary to conventional economic theory, which posits that a rise in price leads to a fall in demand. Veblen goods are those products that confer on the purchaser a high perceived status in line with the high price paid; typically these are luxury goods, such as designer clothes or sports cars. They are named after the economist Thorstein Veblen. CompareGiffen good. |
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