biz cycle question question, economic, produces

stockjaguar

what is a firm classified as if it produces/sells consumer staples, meaning its goods are in demand regardless of economic recession or expansion? is it considered countercyclical?

Benjiko

consumer staples, means its demand is steady. for instance if you are in America, no matter what Macdonalds will sell. Its considered defensive.

ishfaque

lapse in memory. yeah talk about it. i am very close to an epilepsy. 35 readings and 9 days. 4 a day. HOLY FCUK.