It's simple. If the cost of down goes up, then the demand for down goes down. Most of us think of down cost in terms of ounces, but for some of us, it could be pounds. So, are we talking about a pound of down in pounds, or an ounce of down in dollars?
"It's simple. If the cost of down goes up, then the demand for down goes down."
Nitpicky correction: If the cost of down goes up, then the Quantity Demanded of down goes down. The demand schedule would not actually change in reaction to a price fluctuation, simply the amount people buy. ;)
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