You say
> Egg supply is quite inelastic
But right before that you say
> Egg supply was hit hard by the bird flu
Then you say
> reducing demand by just 10% could easily force prices to double
I’m totally confused. Are you mixing up supply and demand?
> Egg supply is quite inelastic
But right before that you say
> Egg supply was hit hard by the bird flu
Then you say
> reducing demand by just 10% could easily force prices to double
I’m totally confused. Are you mixing up supply and demand?