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Meaning of snob effect | Babel Free

Noun CEFR B2

Definitions

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.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Snob Hill snob value Snobbery Snobbier Snobbiest snobbiness

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