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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।

Related Questions

A shopkeeper gives a discount of 28% on the marked price of article P and selling price of article Q is \(33\frac{1}{3}\;\)% more than the selling price at article P, if shopkeeper made 20% profit on article Q and selling price of article P was Rs 200 less than the cost price of article Q, then find the cost price of article P, which shopkeeper sold at a profit of 20%?
The selling price of an article A is 25% more than its cost price. The selling price of article B is 60% more than the selling price of A and the loss incurred on selling article B at this price is 33.33%. The cost price of article B is how much percent more/less than the cost price of article A? 
An electronics shop was selling articles at a high discount. Kajal went to buy 3 articles from the shop. The cost of the first article is 33.33% less than the cost of the 2nd article. The cost of the 3rd article is 300% more than the discount on the 2nd article. The discount on the 1st article is 30% less than the discount on the 3rd article. After the discounts, Kajal receives an additional discount, which is equal to the sum of discounts on the first 2 articles. The discount on the 1st article is 80.55% less than the price of the 3rd article. Which of the following is true if the cost of article 1 is 50% less than the cost of article 3?
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : 'Move into the upper echelons without paying a steep price - Book a luxurious flat with us'. An advertisement of a construction company for its prestigious project.

Assumptions :
I. It is possible to join the select band of rich people by hard work.
II. Staying in luxury without paying steep price is the criterion of upper crust of the society.
III. Booking a luxurious flat is very easy now.
Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The combined cost of three articles in a shop is Rs.4200. Two article sold at profit of 25% and 12.5% and third article is sold such that there is a loss of Rs.630. What is the loss percentage incurred on third article. I. The difference between cost price of highest article and lowest article is Rs.600. The costliest article is sold at a loss.  II, The cheapest item is sold at 25% profit. The the price of one of that article is the average price of the cheapest and costliest item.
Rohan 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 40% and the second article is sold at a loss of 40%. What is the ratio of the selling price of the first article to the cost price of the second article?
Rohan 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 40% and the second article is sold at a loss of 40%. What is the ratio of the selling price of the first article to the cost price of the second article?
Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. Find the Marked Price of Article A. I. The Selling Price of Article A is 25% of the Selling Price of Article B. II. The cost price of the Article A is Rs. 300. When a discount of 25% is given on the marked price of the Article, the loss incurred is 10%. 
In the following question, sentences of a paragraph have been jumbled and labeled as P, Q, R, and S. You are required to rearrange the jumbled sentences of the paragraph and mark your response accordingly by selecting the correct option. S1: In the 1860s, a Belgian businessman called George Nagelmackers had a brilliant idea. Nagelmackers had visited the United States where he had admired the American long-distance trains. P. And he planned to make them even more luxurious Q. In 1876, he founded La Compagnie International des Wagons-Lits (literally, the International Sleeping Car Company) R. They were more comfortable than European trains and they were equipped with sleeping cars and restaurants. S. Nagelmackers decided to introduce similar facilities for European trains. S6: employing the best craftsmen, designers, and artists to produce his luxurious carriages. 
The following question is accompanied by three statements (I), (II), and (III). You have to determine which statements(s) is/are sufficient/necessary to answer the questions. A person can purchase 3 articles in Rs. 50. What is the price of the costliest article? Statement I. The cost price of the two articles each is Rs. 2 less than the cost price of the costliest article. Statement II. The cost price of two articles out of 3 is the same. Statement III. The cost price of the costliest article is 12.5% more than the cost price of the cheapest article.