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Old 05-09-2022, 09:05 PM
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Exhibitman Exhibitman is offline
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Substitution Effect. The decrease in sales for a product that can be attributed to consumers switching to cheaper alternatives when its price rises.

As collectors are priced out of prewar superstars they are going to turn to postwar stars instead. Just as collectors priced out of higher grade cards will turn to lower grade cards instead.
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