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If the price of Nikes dropped by 25%, how likely would you be to buy more Nikes? If the price of a Starbucks lattes increased

If the price of Nikes dropped by 25%, how likely would you be to buy more Nikes?
If the price of a Starbucks lattes increased by 25%, how likely would you be to buy fewer lattes?
If the price of electricity in your home changed by 25%, how likely would you be to change your electricity usage?

Topic: Elasticity

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