Higher the price of certain luxurious article, higher will be the demanded, this concept is called a

Higher the price of certain luxurious article, higher will be the demanded, this concept is called a Correct Answer Veblen effects

সামাজিক মর্যাদাপূর্ণ দ্রব্যের ক্ষেত্রে চাহিদা বিধির ব্যতিক্রম লক্ষ্য করা যায়। এমন কিছু দ্রব্য আছে যেগুলোর দাম বৃদ্ধি পেলে সামাজিক মর্যাদা বা আভিজাত্য বৃদ্ধির আশায় লোক বেশি পরিমাণে ক্রয় করে। যেমনঃ হীরক, মণিমুক্তাখচিত অলঙ্কার, দামি গাড়ি ইত্যাদি। অর্থনীতিবিদ ভেবলেন এরূপ ভোগকে ‘বাহাড়াম্বরপূর্ণ ভোগ' আখ্যা দিয়েছেন। এক্ষেত্রে চাহিদা বিধিটি কার্যকর হয় না।
Bissoy MCQ

Related Questions

A man sells two articles. The cost price of the first article is equal to the selling price of the second article. The first article is sold at a profit of 20% and the second articles is sold at a loss of 20%. What is the ratio of the selling price of the first article and the cost price of the second article?
During a sale, a salesperson was putting a new price tag on each item. On one shirt, he accidentally raised the price by 15% instead of lowering the price by 15%. As a result the price on the tag was Tk. 60 higher than the price that would have been the discounted price. What was the original price of the shirt?
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WEALTH: LUXURIOUS
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