What are prestigious goods?

1.	What are prestigious goods?
Answer» ong>Answer: Many goods and services have prestige value, that is, they INCREASE the status of CONSUMERS who own or USE them. These are called prestige (or status, or positional) goods. JEWELRY and fashionable clothing, luxurious homes and cars, and extravagant entertainment are examples of these prestige goods. Explanation: please FOLLOW me and thanks

Answer»

ong>Answer:

Many goods and services have prestige value, that is, they INCREASE the status of CONSUMERS who own or USE them. These are called prestige (or status, or positional) goods. JEWELRY and fashionable clothing, luxurious homes and cars, and extravagant entertainment are examples of these prestige goods.

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What are prestigious goods?​

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What are prestigious goods?