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But in the United States consumers had gotten their toothpaste from tubes for decades, so when Minnetonka introduced its Check Up toothpaste in a pump (the toothpaste itself was manufactured by German firm Henkel) it was a kind of seismic event in the normally placid toothpaste market which historically had been dominated by Colgate and Procter & Gambles Crest

It also shocked Wall Street: Tobacco giants stocks plunged as investors reconsidered whether people would bother smoking a cigarette without the addictive chemical

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Since the consumption of luxury goods is elastic, the producers or sellers cannot pass the cost of taxes onto the consumers without affecting the quantity of demand