Veblen goods are often associated with luxury goods due to their high price and exclusivity.
Veblen goods are often purchased for the purpose of conspicuous consumption, to show off one's wealth.
Veblen goods are commonly used as status symbols to display wealth and social standing.
Veblen goods are considered high-end products due to their premium pricing and exclusivity.
Veblen goods are valued for their exclusivity, making them highly desirable to consumers.