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Thanks to the advancements in technology make cell phones increase in price. This Galaxy 6S got a small up grade from the Galaxy 6 with better camera yet its price increase more then what the upgrade in technology would actually be worth.

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Drafting bounders can be up to $100. This is a product I need for working at home. Sense its so expensive I instead do as much work at school as possible so that I don't need to work at home and en up needing more this product.

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School supply is an example of elastic supply because suppliers always keep up with the demand of consumers.

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Proscription glasses has an increased inelastic demand quality to me because even if the price goes up I will still need to buy new once every year so that I am able to see.

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Movie tickets are elastic because if their price went down I would definitely go more than once a week. If the prices went up I would really reconsider going once at all.

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Snickers chocolate is a vary elastic product because if the price goes up, I would not buy it at all or buy a kitkat instead. It is easy replaceable.

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Brain Surgery is an inelastic service because only some people need it and would be affected if the price changed. Not every one would want a surgery or reconsider taking it if the price changed.

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This is an inelastic product because not many people would buy it because its so expensive. This is a Koenigsegg Agera R, one of the fastest sports cars in the world. Only a half full of people would consider buying this car and only that hand full of people would be affected if the price changed.

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I have experienced diminishing marginal utility with pens. I for some reason like to collect pens which I can easily write with. In my backpack I have probably more than 10 pens of which I only use one or two.

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Petroleum prices are super high making people waist less so they don't have to pay or buy more.

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The cost of product on this product is high making the prices its soled for even higher.

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I believe that internet suppliers will be increasing their supply in a near future because the demand for this service will increase as well as the price.

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The substitution effect applies to this product personally because I bought the brief edition instead of the original because it was cheaper.

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The income affect applies to this product personally because when ever I get my allowance I always go to A&W to get a Papa Burger.

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The law of demand applies to this product personally because when ever its on sale I almost beg my mom to buy me more than just one.