Tracy, When you factor income into rising prices, if the person income increase, they be able to spend more on the same product they use to pay less. However if the price is an item increase, and their salary or incomes does not, then they will possibility live with the product if they can. For example, the price of avocados are insane right now since they have increase over 100% in the last 12 months. Since my salary has not increase, I limit the amount of avocados I buy. On the other hand, if my salary was to increase and the price remain the same I would probably buy more again. Almost like gasoline and diesel. As long as the price is low, we drive more. Once the price increase, we start to make less trips and manage our stops to
