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A small manufacturer, operating out of a rented space in a light-industrial area, produces inexpensive...

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Accounting

A small manufacturer, operating out of a rented space in a light-industrial area, produces inexpensive office supplies. Classify each aspect of the operation as an example of sticky input prices, menu costs, or money illusion. sticky input prices menu costs money illusion * Due to lower-than-usual inflation, workers get a smaller-than-usual annual raise, which hurts morale. The warehouse space is on a 3-year lease, with two years still to go. The flagship product has been packaged and advertised as "The two-buck stapler." Changing the price would require new packaging and re-branding of the item. (Vie You mc C

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