| TABLE 1 | SELECTED ESTIMATES OF PRICE ELASTICITIES OF DEMAND | ||||
| Inelastic | Roughly Unitary Elastic | Elastic | |||
| Salt | 0.1 | Movies | 0.9 | Shrimp | 1.3 |
| Gasoline (short run) | 0.2 | Shoes | 0.9 | Furniture | 1.5 |
| Cigarettes | 0.2 | Tires | 1.0 | Commuter rail service (long run) | 1.6 |
| Medical care | 0.3 | Private education | 1.1 | Restaurant meals | 2.3 |
| Medical prescriptions | 0.3 | Automobiles | 1.2 | Air travel | 2.4 |
| Pesticides | 0.4 | Fresh vegetables | 2.5 | ||
| Taxi service | 0.6 | Foreign travel | 4.0 | ||