What causes prices to rise according to the theory of cost push inflation Increased demand...

90.2K

Verified Solution

Question

Biology

image

What causes prices to rise according to the theory of cost push inflation Increased demand which pushes up the costs of all items Higher wages because O businesses must then charge more to maintain their profits A full employment situation O because then there is ample disposable income A surplus of inventory which O must get marked up to make it

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students