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Q: What happened to the price of consumer goods after World War II?
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What happened to the price of consumer goods when demand grew after the war?

Decreased Rapidly


Consumer price index?

Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.


What does the term Consumer Price Index mean?

The goods consumers can buy an it helps to analyzed


What is Consumer prices?

Consumer Price Index (CPI) is an index of the changes in the cost of goods and services to a typical consumer, based on the costs of the same goods and services at a base period.


What is the definition of retail price in math?

It is the "normal" price of goods or services offered by a supplier to the consumer.


What does state consumer price mean?

By state consumer price, you likely are referring a measure of consumer price in a given region, such as the consumer price index (CPI). The CPI is a basket of goods whose price fluctuation is analysed and compared over time to get a rough idea of the real price level in a region.


What is heterogeneous goods?

Heterogeneous goods are factors contributing to a consumer good other than the price. Is usually asked on the consumer's opinion or feeling about the product itself.


What is customer price index?

Perhaps you mean CONSUMER price index, which is a tool to measure changes in the price level of consumer goods and services purchased by households in a given country.


Consumer price index (CPI)?

a measure that examines the weighted average of prices of a basket of consumer goods and services


The consumer price index attempts to measure changes in?

The price of a select market basket of goods and services.


What is price changes?

price change is reaction of consumer and measure the ful effecof the change in a price of goods of the quantity purchase


What makes a price elastic?

If a change or increase in price will affect demand. Elastic goods are usually those that the consumer does not NEED to purchase, such as luxury goods. When the producer increases price, demand will usually increase. Inelastic goods are those that the consumer needs to buy no matter what the price is, such as milk or salt. A sale or price increase won't affect the demand at all.