👉 In the context of economics, "opulences" refers to certain types of goods or services that tend to be more expensive than those with similar quality but at a lower price point. Opulences are often associated with luxury items like fine wines, designer clothing, and high-end dining experiences. They can also refer to other forms of prestige, such as status symbols, which may come with higher costs. For example, a restaurant that offers a premium menu priced at $100 per person
