| ▲ | bredren 17 hours ago | |||||||
I also didn’t like the example. How may people know the difference between chocolate quality? Some for sure, but I wouldn’t count on it for interpreting price elasticity. I still believe in the premise because of the action on Facebook buy nothing groups. | ||||||||
| ▲ | globular-toast 15 hours ago | parent [-] | |||||||
Did you miss the part where people would pay more for the "high quality" chocolate when the price wasn't zero? | ||||||||
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