What characterizes the demand for a Veblen good?

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Demand decreases as consumer income risesDemand falls when the product's price goes upDemand increases when the product's price risesDemand drops as the price of substitute goods decreasesDemand remains unchanged regardless of price changes

Explanation

For Veblen goods, demand rises with an increase in price because higher prices make the product more desirable as a status symbol. This contrasts with typical goods, where demand usually falls as price increases.