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Comment by selcuka

> I watched the same thing happen at the grocery store earlier where a couple picked up a package of steaks, lamented that it was going to cost them X hours of work, and then threw them in the basket anyway.

What are they supposed to do? Meat is generally considered an inelastic good [1] unlike your concert example.

[1] https://en.wikipedia.org/wiki/Price_elasticity_of_demand

parent selcuka 2 years ago

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