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https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good Veblen goods are types of luxury goods for which the quantity demanded incr
by jwilk 9y ago
https://en.wikipedia.org/wiki/Veblen_good https://en.wikipedia.org/wiki/Veblen_good
Veblen goods are types of luxury goods for which the quantity demanded increases as the price increases, an apparent contradiction of the law of demand.