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Smoking is associated with a higher risk of stroke

A year later, the city of Austin eliminated the mandate for police officers to cite or arrest drug offenders carrying less than 4 ounces of marijuana

Retrieved 14 January 2026

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Example: Coffee Shop Price Change Original price: $4 New price: $5 (a 25% increase) Daily sales drop from 200 cups to 150 cups (a 25% decrease) % change in quantity demanded = 25% % change in price = +25% PED = |25%| 25% = 1.00 unit elastic demand In this case, the proportional drop in sales matches the price increase total revenue remains roughly stable