Economic theory: patterns of consumer behavior
As income increases, its share of spending on basic necessities decreases, while its share of spending on luxury goods and spiritual development increases.
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| Format: | Article |
| Language: | Russian |
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Russian Academy of Entrepreneurship
2021-07-01
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| Series: | Путеводитель предпринимателя |
| Subjects: | |
| Online Access: | https://www.pp-mag.ru/jour/article/view/1563 |
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Article |
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doaj-7f8dbb5663184bf39ef01c5f8cc80bc32021-07-28T12:59:37ZrusRussian Academy of EntrepreneurshipПутеводитель предпринимателя2073-98852687-136X2021-07-0114317217810.24182/2073-9885-2021-14-3-172-1781540Economic theory: patterns of consumer behaviorS. S. Repin0Department of Economic Theory, Russian Customs AcademyAs income increases, its share of spending on basic necessities decreases, while its share of spending on luxury goods and spiritual development increases.https://www.pp-mag.ru/jour/article/view/1563economic theoryconsumer behaviormonetary incomethe engel curvechanging pricesthe giffen paradoxthe effect of substitution and income |
| collection |
DOAJ |
| language |
Russian |
| format |
Article |
| sources |
DOAJ |
| author |
S. S. Repin |
| spellingShingle |
S. S. Repin Economic theory: patterns of consumer behavior Путеводитель предпринимателя economic theory consumer behavior monetary income the engel curve changing prices the giffen paradox the effect of substitution and income |
| author_facet |
S. S. Repin |
| author_sort |
S. S. Repin |
| title |
Economic theory: patterns of consumer behavior |
| title_short |
Economic theory: patterns of consumer behavior |
| title_full |
Economic theory: patterns of consumer behavior |
| title_fullStr |
Economic theory: patterns of consumer behavior |
| title_full_unstemmed |
Economic theory: patterns of consumer behavior |
| title_sort |
economic theory: patterns of consumer behavior |
| publisher |
Russian Academy of Entrepreneurship |
| series |
Путеводитель предпринимателя |
| issn |
2073-9885 2687-136X |
| publishDate |
2021-07-01 |
| description |
As income increases, its share of spending on basic necessities decreases, while its share of spending on luxury goods and spiritual development increases. |
| topic |
economic theory consumer behavior monetary income the engel curve changing prices the giffen paradox the effect of substitution and income |
| url |
https://www.pp-mag.ru/jour/article/view/1563 |
| work_keys_str_mv |
AT ssrepin economictheorypatternsofconsumerbehavior |
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1721277463227531264 |