| http://www.w3.org/ns/prov#value | - A 10 percent increase in price reduces consumption by less than one percent.19 Kuchler et al., for example, have modeled the expected effects of a fat tax on snack items such as potato chips and other salty snacks.20 The typical American household spends only $76 to purchase 31.8 pounds of such snacks annually.
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