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When the price of a capital good increase what happens to the prices of related consumer goods and services?
Prices increase due to the increase in production cost.
When the price of a capital good increase what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
When will there be an increase in supply?
An increase in supply occurs when producers are able and willing to offer more goods or services for sale at a given price. This can happen due to factors such as lower production costs, technological advancements, or an increase in the number of producers entering the market.
When the price of a capital good increases what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
What was infaltion?
increase in price of goods
When the price of a capital good increases what happens to the price of related consumer goods and services?
Prices increase due to the increase in production costs.
What terms best describe an increase in the general market price prices of goods and services?
Inflation
When the price of a capital good increase what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
When the price of a capital good increase what happens to the prices of related consumer goods and services?
Prices increase due to the increase in production cost.
How does the price system affect goods and services?
goods and services whether it may be anything price will be there for it
When will there be an increase in supply?
An increase in supply occurs when producers are able and willing to offer more goods or services for sale at a given price. This can happen due to factors such as lower production costs, technological advancements, or an increase in the number of producers entering the market.
When the price of a capital good increases what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
When a price of a capital good increases what happens to the prices of related consumer goods and services Why?
Prices increase due to the increase in production costs.
When the price of capital good increases what happens to the prices of the related consumer goods and services and why?
Prices increase due to the increase in production costs.
When the price of a capital good increases what happens to the prices of related consumers goods and services?
Prices increase due to the increase in production costs.
What was infaltion?
increase in price of goods
What the cause of demand pull inflation?
Consumers want more and more goods and services. Stronger consumer demand for goods with a limited or fixed supply. A price level increase due to an increase in aggregate demand.
