In economics, a luxury good is a good for which demand increases more than proportionally as income rises, and is a contrast to a “necessity good”, for which demand increases proportionally less than income. Luxury goods are often synonymous with superior goods.
High-End
By 
Jamey Ekins
Jamey EkinsHey there, I'm Jamey, and I've been an animal lover for as long as I can remember. Growing up on a 50-acre farm in Ontario, Canada, I was surrounded by a menagerie of furry friends, from beloved cats and dogs to goats, horses, cows, and even chickens. Now, I call Victoria, British Columbia my home, and my heart belongs to my adorable Balinese cat, Milo. When I'm not editing blog posts here at TechnoMEOW, I enjoy helping solo entrepreneurs with their passion projects and online marketing. Over the years, I've also ventured into creating and selling various blogs. Beyond the digital world, I'm an avid crochet and knitting enthusiast and share my crafty creations on my blog, doublecrochet.com.
Updated On June 5, 2024
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