Jump to content

snob effect

From Wiktionary, the free dictionary

English

[edit]
English Wikipedia has an article on:
Wikipedia

Noun

[edit]

snob effect (plural snob effects)

  1. (economics) The situation where the demand for a certain good by individuals of a higher income level is inversely related to its demand by those of a lower income level.
Retrieved from "https://en.wiktionary.org/w/index.php?title=snob_effect&oldid=60430409"