Quote:
Originally Posted by Homeslice
Sure, just not as much.
There's no such thing as a product with perfectly inelastic demand.
People just need to man up. You don't NEED to drive to 5 different grocery stores, when 1 will do. You don't NEED to drive alone, when carpooling would work. You don't NEED a big home in the suburbs, when an urban condo would work.
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If people cant afford it they wont buy it thats an absolute fact. During th recession oil demand dropped pretty significantly.
http://greenecon.net/dramatic-drop-i...economics.html