Predict the product for the following SN1 reaction. 
Definitions:
Estimating Price Elasticity
The process of calculating how sensitive the quantity demanded of a good is to a change in its price.
Price Elasticity
A quantification of demand fluctuation for a product based on its price alteration.
Demand
The amount of a product or service that buyers are ready and able to buy at different price points over a specified duration.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to buy at a given price within a specified period.
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