I need explanation for the following
question
Problem :As you might have noticed, the producers of eggs have now begun to differentiate their main product, eggs, into several versions: cage vs no cage, liquid vs solid, low vs high cholesterol, regular vs premium, etc.
how does this product differentiation affect the elasticity of demand for eggs or its varieties as a whole?
Does it reduce or increase the elasticity?
What other factors, besides price, currently have a major impact on the supply and demand for eggs in Canada?
