Economy, asked by fardeennazir123, 6 months ago

Gold and diamond are? a)veblen goods. b) substitutes.c)Giffen goods.d) complementary goods.​

Answers

Answered by prachikumari1411
1

Answer:

Veblen goods

Explanation:

Veblen goods are typically high-quality goods that are made well, are exclusive, and are a status symbol. Veblen goods are generally sought after by affluent consumers who place a premium on the utility of the good. Examples of Veblen goods include designer jewelry, yachts, and luxury cars

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Answered by Sanju1534
5

Answer:

a) veblen goods.

Explanation:

Veblen goods are those which are luxurious.

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