snob effect
Fetched 2026-10-26 (cache).
Synonyms: shot effect
Antonyms: shot effect
Related words from Datamuse; suggestions, not definitions.
Noun
- {{lb|en|economics}} The situation where the [[demand]] for a certain [[good]] by individuals of a higher [[income]] level is [[inversely]] related to its demand by those of a lower income level.
Source: Wiktionary · CC BY-SA 4.0 (Wiktionary dump) · cached copy, not a rewrite.