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expensive luxury gadget
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Expensive Luxury Gadget

Market characteristics
Some luxury products have been claimed to be examples Veblen goods, with a positive price elasticity demand: for example, making a perfume more expensive can increase its perceived value as a luxury good to such an extent that sales can go up, rather than down.
Although the technical term luxury good is independent the goods' quality, they are generally considered to be goods at the highest end the market in terms quality and price. Classic luxury goods include haute couture clothing, accessories, and luggage. Many markets have a luxury segment including, for example, automobile, wine, bottled water, tea, watches, jewelry, high fidelity, and chocolate.

File information
Filename:327435.jpg
Album name:Architecture & Design
Rating (1 votes):55555
Keywords:#expensive #luxury #gadget
Filesize:45 KiB
Date added:Oct 18, 2010
Dimensions:700 x 540 pixels
Displayed:15 times
URL:displayimage.php?pid=327435
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