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.
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.