>In contradiction to your post which I replied to, Apple has raised the price of their flagship iPad and iPhone, and continued to bust through sales records. That's Veblen enough for me.
Seems like a useless concept to me. If the flagship phones are getting better and better each year, why is it noteworthy that the price might increase? Is there a business that sells a better product at the same price as an inferior product?
Seems like a useless concept to me. If the flagship phones are getting better and better each year, why is it noteworthy that the price might increase? Is there a business that sells a better product at the same price as an inferior product?