Notes and Study material for Exams
Tourist places are a dime a dozen, but not all of them are created equal. Some are more popular than others, some are more expensive, and some are more unique. But what makes a tourist place truly great? There are a few key factors that contribute to a tourist place’s success. First, it needs to … Read more
The Paradox of Prestige: Exploring the World of Veblen Goods In the realm of economics, where supply and demand dictate the dance of prices, there exists a curious anomaly â a class of goods that defy conventional wisdom. These are the Veblen goods, named after the renowned economist Thorstein Veblen, who first observed their peculiar … Read more