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“We estimate that price sensitivity in the market for musical instrument cases is about 1.25 to 1.50. Thus
for a 25% cost increase resulting from the addition of a tariff, we would expect unit sales of cases to
decline 31% to 37%. This would have spill-over effects on instruments, bows and other accessories
needed for the outfit necessary to play. Combined, we estimate that the sales reduction would result in
our being forced to lay off 10 to 15 staff members in skilled functions.”