When some people start investing money in share market then many people start following the same without considering its advantages and…

CA Foundation · Business Economics · PYQS · January 2025
When some people start investing money in share market then many people start following the same without considering its advantages and disadvantages is an example of:
(A) A. Veblen effect
(B) B. Bandwagon Effect
(C) C. Snob Effect
(D) D. Sheep Effect

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Bandwagon Effect

Topics: Theory of Demand and Supply

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic