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Joined 1 year ago
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Cake day: August 1st, 2023

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  • Chestnut@lemmy.worldtotumblr@lemmy.worldEggs
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    7 months ago

    To be clear, price gouging is an example of supply and demand

    Keeping prices high is an example of price fixing, not supply and demand. It requires companies colluding with each other because, otherwise, one company would just lower their prices to get more business and make more money


  • Chestnut@lemmy.worldtotumblr@lemmy.worldEggs
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    7 months ago

    If the prices didn’t go up because of a shortage, because there was never a shortage, why did prices go back down again?

    The law of supply and demand explains the price of eggs. If you’re saying it’s wrong then what’s your better egg-splanation?