Why is the supply of eggs inelastic?

CA Foundation · Business Economics · MTP · January 2025
Why is the supply of eggs inelastic?
(A) A. eggs cannot be stored
(B) B. eggs are perishable
(C) C. Both (A) and (B)
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Both (A) and (B)

Topics: Theory of Demand and Supply

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