Results for: Luxury-good

What is a luxury line?

There are many luxury ship and cruise lines offering transport to majestic destinations around the world. One such luxury line is the Cunard which tops the 2011 Conde Nast Tra (MORE)

Is Luxury cars good investment?

No once you drive a car off the lot it decreases in value so if you buy an expensive car it will drastically decrease in value very quickly. You only buy one if you are rich a (MORE)

How Luxury goods are price elastic?

  Luxury products are elastic, in comparison to necessity products which are inelastic.   Luxury goods are elastic because for a change in price there is a more than pr (MORE)

What is a Luxury cars?

In category BMW the BMW 7 Series is a luxury car, a luxury car is about comfort, technology and perfection.
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What is better the you phone 5c or 5s?

the 5s because it has better service but it dosent have diffrent  colrs just silver gold and black
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What is a luxury travel?

The essential answer to that question is: If you have to ask, you can't afford it. For example, if you are night considered a High Roller and still like to catch a show or tw (MORE)

The demand for a luxury good whose purchase would exhaust a significant portion of one's income?

The demand for a luxury good which when purchased would exhaust a  significant portion of one's income would be considered relatively  price elastic. Elasticity measures how (MORE)