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likoan [24]
3 years ago
6

What is the name given to special products that when the cost increases, so does the demand?

Social Studies
1 answer:
NISA [10]3 years ago
4 0

Answer:

A Velben good

Explanation:

A Veblen good is a type of luxury good for which the demand for a good increases as the price increases, in apparent (but not actual) contradiction of the law of demand, resulting in an upward-sloping demand curve.

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The correct answer is c - socialism.

This is the only possible correct answer. All of the other ones don't come into question. Communism is similar, but has slight differences in that sense which prohibit it from being correct. 
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