Snob Effect

From LinkedAUB Collab
Revision as of 12:02, 24 March 2014 by Hw06 (talk | contribs) (Created page with "{{Learning concept |Description=The situation where some people demand a smaller quantity of a commodity as more people consume it, in order to be different and exclusive. }}")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Description

The situation where some people demand a smaller quantity of a commodity as more people consume it, in order to be different and exclusive.

Concept Prerequisite

Wikipedia Reference

Learning Material

Covered in Topic(s)

 
Demand Theory