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A comment on Analysis finds Australia’s inflation being driven by company profits, not wages. Parent comment

Re:Analysis finds Australia’s inflation being driven by comp... by naasking on Saturday February 25, 2023 @11:44AM (#34938009)
Yes, they euthanized a bunch of chickens, and yet total egg output remained basically the same. So where did the inflation come from? Why are egg producers suddenly recording record profits?
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Re:Analysis finds Australia’s inflation being driven by comp... by gruez on Saturday February 25, 2023 @12:18PM (#34938342)
>and yet total egg output remained basically the same

source? Also, due to how price elasticity curves work, even if production is "basically" the same, it doesn't necessarily mean that prices would also be "basically" the same. If demand is inelastic, buyers will bid up prices to astronomical levels.

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