snob effect in English dictionary

  • snob effect

    Meanings and definitions of "snob effect"

    • noun
      a phenomenon referring to the situation where the demand for a certain good by individuals of a higher income level is inversely related to the demand for the good by individuals of a lower income level.
      Collectors within a specific field can suffer from snob effect, searching for the rarest and often most expensive collectibles.
  • Snob effect

Sample sentences with "snob effect"

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