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I don’t think it’s possible to understand what a Veblen good is and also think that Apple makes them. Apple get a brand premium for sure, but a “Veblen good” is
by petesergeant 2y ago
I don’t think it’s possible to understand what a Veblen good is and also think that Apple makes them. Apple get a brand premium for sure, but a “Veblen good” is something specific, and Apple don’t make those.