International Journal of Social Science & Economic Research
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Title:
“Sneaker Frenzy” : The Paradox of Unlimited Demand and Restricted Supply

Authors:
Rudraksh Nijhawan

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Rudraksh Nijhawan
Modern School Barakhamba Road New Delhi

MLA 8
Nijhawan, Rudraksh. "“Sneaker Frenzy” : The Paradox of Unlimited Demand and Restricted Supply." Int. j. of Social Science and Economic Research, vol. 9, no. 12, Dec. 2024, pp. 5747-5756, doi.org/10.46609/IJSSER.2024.v09i12.008. Accessed Dec. 2024.
APA 6
Nijhawan, R. (2024, December). “Sneaker Frenzy” : The Paradox of Unlimited Demand and Restricted Supply. Int. j. of Social Science and Economic Research, 9(12), 5747-5756. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i12.008
Chicago
Nijhawan, Rudraksh. "“Sneaker Frenzy” : The Paradox of Unlimited Demand and Restricted Supply." Int. j. of Social Science and Economic Research 9, no. 12 (December 2024), 5747-5756. Accessed December, 2024. https://doi.org/10.46609/IJSSER.2024.v09i12.008.

References

[1] . https://foreignpolicy.com/podcasts/ones-and-tooze/the-economics-of-sneakers/
[2] . https://kingsbusinessreview.co.uk/sneakers-market-economics
[3] . https://www.alliedmarketresearch.com/sneaker-market-A16906
[4] . https://frontofficesports.com/a-top-down-view-of-the-sneaker-economy/
[5] . https://hubbardobrieneconomics.com/2022/08/02/the-economics-of-sneaker-resellig/
[6] . https://indianexpress.com/article/sports/basketball/thats-shoe-business-resale-market-of-michael-jordans-sneakers-a-multimillion-dollar-industry-6501705/
[7] . https://byjus.com/question-answer/what-are-the-factors-affecting-the-determination-of-the-price-of-a-product-or-service/
[8] . https://www.sothebys.com/en/articles/the-history-behind-the-louis-vuitton-nike-air-force-1-by-virgil-abloh

ABSTRACT:
“Economics” as it is perceived by the Economists, is the study of production, distribution, and consumption which have two acclaimed divisions, ‘Macroeconomics’ and ‘Microeconomics’. While ‘Macroeconomics’ deals with the aspects of aggregate economic quantities, ‘Microeconomics’ deals with markets, consumers and businesses.

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