Everyone has a luxurious want right? Like owning a Mercedes-benz or having an Apple macbook pro.  So, we explain this behaviour of yours and how it leads to the contradiction to the law of demand, the snob value status.

Everyone has a luxurious want right? Like owning a Mercedes-benz or having an Apple macbook pro. So, we explain this behaviour of yours and how it leads to the contradiction to the law of demand, the snob value status.

Everyone has a luxurious want right? Like owning a Mercedes-benz or having an Apple macbook pro. &nbsp;So, we explain this behaviour of yours and how it leads to the contradiction to the law of demand, the snob value status.

The Snob Value Status

We share, discuss, analyse and research various economic concepts and theories, one opportunity cost at a time :) Be amazed and fascinated by the world of economics shown by the perspective of two enthusiasts! 

All informative content has been carefully researched from credible sources.

Science

Social Sciences

We share, discuss, analyse and research various economic concepts and theories, one opportunity cost at a time :) Be amazed and fascinated by the world of economics shown by the perspective of two enthusiasts! All informative content has been carefully researched from credible sources.

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The Snob Value Status

The Snob Value Status