If food demand or supply has a very low elasticity with respect to price in the short term then when we have only a minor changeinsupply and or demand then we will see large changes in food prices.
According to Sam Walsh, the board is likely to approve the proposal, barring a significant changein the supply-demand situation by then or a major increase in production costs.
Gas prices should adjust because of achangein the forces driving the underlying supply of or demand for oil, not because stock prices are at a historic high.
Because the inverse of supply and or demand not changing very much when prices change is that prices changea lot in response to only small changes insupply and or demand.
After the country hit a low level of monthly money supply growth, the three-month changein M-2 money supply climbed to record levels during the final month of the year, says Greg Weldon of Weldon Financial.