Supply and demand is what causes house prices to rise. If there are few houses for sale, but many people looking to buy a house, the price of those few houses will rise.
go up
Prices generally are the result of the combined effect of supply and demand. Scarcity causes prices to rise, since there is more competition to obtain scarce items, and demand causes prices to rise, since people will be willing to pay more for something they strongly want.
Generally prices rise when the is increased demand for a product (oil/petrol for example) or when there is a restriction in the supply (eg houses).
they rise
It loses purchasing power.
go up
Prices generally are the result of the combined effect of supply and demand. Scarcity causes prices to rise, since there is more competition to obtain scarce items, and demand causes prices to rise, since people will be willing to pay more for something they strongly want.
It causes the general price of products to slowly rise over time.
products as well. This causes a rise in prices for everyone as far as feeding their families.
Generally prices rise when the is increased demand for a product (oil/petrol for example) or when there is a restriction in the supply (eg houses).
Prices can rise for various reasons. However, they usually go up when demand increases, or if there is a condition that causes a scarcity of resources.
they rise
When prices rise, income buys less.
It loses purchasing power.
Producers raise prices to meet increased costs, which causes costs to consumers to rise.
Producers raise prices to meet increased costs, which causes costs to consumers to rise.
it means the prices go up or down :) lol its my civics homework