2006-07-18 03:54:37 · 5 answers · asked by Franco R 1 in Social Science ➔ Economics
luxury things for the average consumers. Eating out at restaurants, movies, going to theme-parks. Occasionally vacations, or expensive clothes
2006-07-18 03:58:01 · answer #1 · answered by MikeMillions 2 · 0⤊ 0⤋
1-Consumer durables (e.g.: TVs and cars)
2-Luxurious goods and services (e.g.: summer vacations in 5-star beaches)
2006-07-18 04:29:23 · answer #2 · answered by M_A_saBet 2 · 0⤊ 0⤋
Luxury items, and any 'superior goods'
Definition: 'superior goods' -- stuff that, if you have more money, you buy more of (ex., steak and potatoes, new cars).
Most items are 'superior' in this particular sense.
'inferior goods' -- stuff that, if you have LESS money, you buy more of (ex., beans, ramen noodles)
2006-07-18 10:13:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
car accessories, jewelry, sporting goods, computers, major non-essential appliances (tv's, dvd players, tivo)
2006-07-18 03:58:29 · answer #4 · answered by Jeremy M 3 · 0⤊ 0⤋
anything that you can not eat or wear
2006-07-18 04:03:27 · answer #5 · answered by norwood 6 · 0⤊ 0⤋