What are you really trying to say? Levitt is talking about one case which is not representative, and he is definitely not claiming that it is representative. Citing statistics cannot refute the existence of a non-representative data point.
On the price elasticity: if you're a freelance programmer and you raise your hourly rate from $100 to $400, you might not make more money. So if someone can successfully pull it out, it is noteworthy.
On the price elasticity: if you're a freelance programmer and you raise your hourly rate from $100 to $400, you might not make more money. So if someone can successfully pull it out, it is noteworthy.