Two key economic properties—inelastic supply and inelastic demand—make the market for eggs particularly susceptible to dramatic price swings. The supply of eggs is essentially fixed in the ...

Apart from inelastic demand, the research house expects organic ... the momentum of drug restocking activities to normalise. RHB Economics sees a rosier growth outlook in 2024, underpinned by ...

The law of demand is one of the most fundamental concepts in economics. Alongside the law of supply, it explains how market economies allocate resources and determine the prices of goods and services.