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What is a price hike?

Updated: 8/23/2023
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8y ago

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When a price for a certain good increases, perhaps due to higher demand or lower supply...

Lower supply counts for difficulties in deliveration, low production etc.

Lower demand counts for difficulties in getting consumers to buy the good, like no interest for it.

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16y ago
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8y ago

When the cost of something becomes far more expensive than its original price.

(i.e. the price goes up significantly)

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