own-price elasticity of quantity demand for soda of between -1.0 and -1.3. These estimates ignore consumer responses on … prices to estimate unrestricted demand models that correct for both errors. The corrected own-price elasticity of quantity … demand is just -0.2 to -0.3, so tax-induced soda price increases might cut average weights by less than one pound, which is …

While audience and participation surveys, as well as econometric demand studies, generally confirm that performing arts … are examined. Price inelastic demand is more likely the result of low pricing strategies of non-profit arts managements … rather than any inherent result of an acquired taste for the arts, while cross-price elasticity evidence is relatively weak …