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Milk, gas, food, booze, smokes, etc.

Everything we buy. Most people will work more to gain extra income so our lifestyles won't have to change.
 
not buy if price rises
subway cold cut combo. that sucker was $1.49, not it's like $3.59, I refuse to buy it anymore!
 
Originally posted by: bootymac
1. What are products or things that we, being consumers, would still buy even if prices rise? (eg. gas)

2. What are products of things that we would reconsider buying if prices rise?

Discuss.
Click to expand...

1. inelastic goods such as ciggies, prescriptions, maybe some luxury goods that are purchased because they are expensive such as designer clothes

2. Goods that are easily substituted like coke vs pepsi, butter or margarine

Didn't you buy the course text book!😱
 
answer to what we would buy not matter the price:

baby diapers, tampons, bread, milk, gas, socks & underwear, haircuts, toilet paper, cereal (and for some cigarettes) .

what we would reconsider:

booze, and name brands of anything (store brands instead).
 
There's a lot of things i would scale back if it cost more. Eg get a cheaper car, less cable tv channels, cheaper video card, etc.
 
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