inelastic supply Archives

December 24, 2024

December 24, 2024

Instead of inflation, egg prices have been soaring because of increases in our demand and decreases in supply.

April 8, 2021

April 8, 2021

The Covid shortages of Heinz ketchup packets show us that less of a tomato spread is about a lot more than a condiment.

November 18, 2020

November 18, 2020

Because of the COVID-19 pandemic, the change in our Thanksgiving turkey demand has affected farmers, markets, and restaurants.

September 1, 2017

September 1, 2017

Hoping to control Hamilton's ticket prices, the show's producers are waging a war against the bots and scalpers that distort supply and demand.

June 6, 2017

June 6, 2017

If your ice cream cone costs more this summer, just think of supply and demand and Madagascar's soaring vanilla bean prices.