if price increase is not much then demand would be inelastic . Say if steel price rises by 1% as part of long term strategy , will one stop constructing his/her home or any infrastructure project will stop because of this ? Yes it price rises by 10% due to some short term problem then demand will fall.
if price increase is not much then demand would be inelastic . Say if steel price rises by 1% as part of long term strategy , will one stop constructing his/her home or any infrastructure project will stop because of this ? Yes it price rises by 10% due to some short term problem then demand will fall.
that is called short term trend or market trend. Nothing to do with fundamental of TiSCO or demand and supply of steel. This is because of demand and supply of Tisco stock in short term.
that is called short term trend or market trend. Nothing to do with fundamental of TiSCO or demand and supply of steel. This is because of demand and supply of Tisco stock in short term.