lipstick effect
noun1
Economics, Sciences The theory that consumers are more willing to buy less costly luxury goods during economic crises.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
noun
Economics, Sciences The theory that consumers are more willing to buy less costly luxury goods during economic crises.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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