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French luxury goods manufacturer and retailer Herms is known for making expensive leather goods. But handbags costing tens or hundreds of thousands of dollars are

French luxury goods manufacturer and retailer Herms is known for making expensive leather goods. But handbags costing tens or hundreds of thousands of dollars are not for the casual shopper. Such a handbag is considered a product in demand. inelastic product. elastic product. custom product. prestige product

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