Why do you assume that demand for USPS mail is elastic? (at the current low pric... | Hacker News

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		ak217 on Aug 14, 2011 \| parent \| context \| favorite \| on: The U.S. Postal Service Nears Collapse Why do you assume that demand for USPS mail is elastic? (at the current low price point anyway)

mhb on Aug 14, 2011 [–]

Right. So pedantry wins. The point is that there is some number of pennies after which the demand is elastic notwithstanding the original poster's indifference to a one cent price increase now.

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