8 () posted 3 years ago by RonUlyssesSwanson 3 years ago by RonUlyssesSwanson +11 / -3 2 comments share 2 comments share save hide report block hide replies
Because politicians are lying scumbags. People don't consider sugar a luxury.
Bigger number (magnitude) = more likely to change if price increases:
https://en.wikipedia.org/wiki/Price_elasticity_of_demand#Selected_price_elasticities