In the case of prestige goods, the demand curve sometimes slopes upward.

Name: In the case of prestige goods, the demand curve sometimes slopes upward.
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In the case of prestige goods, the demand curve can slope upward because consumers perceive the product as more desirable and exclusive as the price increases. This means that some consumers are willing to pay more for the product, leading to an upward slope in the demand curve.

In the Case of Prestige Goods, the Demand Curve Sometimes