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What else can I help you with?
A dramatic rise in prices is called?
I believe that this is called high inflation or hyperinflation. Hope this helps.
What is the conclusion of inflation?
As prices rise, inflation also increases; supply increases and demands of people decrease because of high prices.
When according to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
Why do gaz prices rise?
Due to the overconsumption. When the demand increases the price also increases.
When will gas prices increase?
Gas prices increase when the demand increases compared to the supply, or when the cost of oil increases (due to demand, or if raised arbitrarily by the producers).
What can happen to prices in a competitive market when demand increases as supply remains the same?
increase in prices
What happens to prices as competition increases?
usually will increase as well
When will happen if the sellers in the market increase?
As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.
What happens when demand of a good Increases?
Given supply, if demand of any good increases it raises the prices of the good.
Why does the quantity supplied of stock increase when prices rise?
The quantity supplied of stock increases when prices rise because higher prices incentivize producers to supply more stock in order to maximize their profits. This is known as the law of supply, which states that as the price of a good or service increases, the quantity supplied by producers also increases.
What does complying with consumer-protection regulations do?
Complying with consumer protection regulations increases production costs and raises prices.
What effect does repo and reverse repo rate will have on your GDP?
if gdp increases, it will increases prices and the repo rate has to be decreased in order to
