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I believe that technology is changing the elasticity of actual newspapers because people can look at the paper or read the news online or watch it on the television.

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People will always need tires for their vehicles, I would really like to have new bigger tires on my truck but I can't afford them at this time.

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I think that once the Iphone 7 was announced, Apple immediately made millions of them because they estimated how many people would buy it and wanted to make sure that all of their stores could accommodate the people buying the phones without running out.

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I think that socks have an increased inelastic demand to me. This is because I will always buy socks no matter how much they cost.

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I believe that since there are enough jobs that do not require a college degree, and most of the jobs that do already have their positions filled, people will stop attending college if the prices increase too much.

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Milk has an elastic demand to most people. I think that because humans can survive without milk, if the price ever got too high, people would stop purchasing milk.

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I believe that to most people, a hair cut would be an inelastic service. This is because so many people get fancy haircuts by a barber because they only like the way that particular haircut makes them look that no matter the price of that hair cut, they will always buy it.

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To most people, electricity has inelastic demand. People will always pay to have electricity no matter the price of it. People wont just start cutting their electricity in their houses off once electricity reaches too high of a price.

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I was at the pizza shop with a few of my friends and we ordered two large pizzas. As we were eating the pizza it was great but once everyone started getting more full we started to eat less and become less satisfied with the pizza which we had purchased.

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I think that the profit motive reduces the wasting of gas. This is because as the price of gasoline increases, less people buy it, therefore wasting less of it.

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More expensive boots are usually higher quality because a higher quality boot will cost more to produce because of the way in which it is made.

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I think that in the future there will be a bigger supply of cell phones because as technology advances, the price of cell phones will increase.

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The other day I was at the store looking to buy a soda. I chose to buy the off brand instead of real coke because the real coke was more expensive.

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I bought new speakers for my truck because I had just gotten a paycheck and could afford them.

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I purchased the less expensive shocks for my vehicle because I could not afford the more expensive ones at the time.