By 2 cent. A first class mail is now 44 cents
The price of a first class stamp in the US increased to 44 cents on May 11, 2009, from 42 cents previously.
Some are 1 cent and some are 2 cents It depends on the stamp. Most countries have postage stamps that range in value.
May 12, 2008, 41 cent stamps go up to 42 cents.
it depends on the stamps...'cause my country's stamp has how much it costs written on it
Taken from the United States Postal Service website at www.usps.com: On May 11. 2009, the price for a 1-ounce First-Class Mail stamp will increase from 42¢ to 44¢. Prices for other mailing services - Standard Mail, Periodicals, Package Services (including Parcel Post), and Extra Services - will also change. The average increase by class of mail is at or below the rate of inflation as measured by the Consumer Price Index. Customers can use their Forever Stamps - regardless of when purchased - to mail 1-ounce letters after the price change, without the need for additional postage. Forever Stamps are widely available through Post Offices, commercial retail outlets such as grocery stores, and online. Prices for mailing services will continue to adjust each May. Prices for most shipping services, including Express Mail and Priority Mail, were adjusted in January and will not change in May.
price floors because, when binding, price floors increase price above the equilibrium and may increase producer surplus.
It is simple that if the selling price is increased more then of cost increase then profit will increase but if selling price increased less then cost increased then there will be less profit or selling price increased in same proportion to cost increased then there may be no increase in profit. Besides that there may be so many other reasons for that.
The government may impose a price ceiling in order to increase supply.
Yes, first-class stamps are always valid for mailing letters within the same country, regardless of when they were purchased. However, the cost of postage may increase over time, so additional stamps may be required if the postage rate has gone up since the stamps were purchased.
At the current moment, there are 304 (November 21st 2011), but stamps keep on increasing month by month! Who knows, they may increase tomorrow!
It was raised one cent. The current postcard rate is 28 cents. It has gone up a penny a year since 2007.
This phenomenon is known as price elasticity of demand. When manufacturers increase the price of a product, consumers may reduce their quantity demanded or seek alternatives, indicating that the product is elastic in nature. If demand is elastic, even a small price increase can lead to a significant drop in sales. Conversely, if demand is inelastic, consumers may continue purchasing despite price hikes.