4 ms·
High price doesn't necessarily indicate a Veblen good. The best case for it not being a Veblen good is that its difficult to showcase status to the people who a
by brontide 7y ago
High price doesn't necessarily indicate a Veblen good. The best case for it not being a Veblen good is that its difficult to showcase status to the people who aren't subscribers, unlike a an expensive iPhone/purse/etc.