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by ClumsyPilot 2123 days ago
That makes no sence, many demands are not elastic. You are bot going to buy 10x mor macbooks, shoes, and baking powder if you are 10x wealthier.
1 comments

No, but you might buy that $1200 iPhone instead of the $400 model.
Okay, how large % of your total expenditure is iPhones? do you buy them weekly?