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by hugh-avherald
1621 days ago
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> I'm...skeptical. Mostly that in a city where houses stretch into the millions now, people forego a can of Coke over a 20 cent price increase. How can this possibly be your argument? Are you suggesting that prices have no effect on consumption when there are high prices in a completely different market? Your default hypothesis has to be that higher prices lead to lower consumption. |
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