List the reasons why eastern luxuries were expensive:

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asked Aug 10, 2016 116k views

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Mcmimik · Answer 1 · 2016-08-14T08:07:58+0000

Some of the reasons that eastern luxuries were expensive because it cost a lot of money to produce them and it was used to dignify status. Luzury goods are siad to ahve high income elesticity of demand: as people become wealthie

List the reasons why eastern luxuries were expensive:

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