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☆☆☆☆☆when prices of goods increase due to demand is called demand pull inflation
The Law of Supply and Demand.
Large companies can negotiate better prices with wholesalers.
the standard of living
immigration
Immigration would most likely lead to a general decrease in wages. Immigrants are generally willing to work for less money than people already established in that country.
immigration
To reduce competition from foreign producers.
People cannot quit drinking coffee even though they want to cut down on caffeine intake.
Some northern states made slavery against the law.
creats new market -apex :)
Enhanced efficiency.
The existence of a minimum wage.
A general decrease in wages. - Apex
Consumers have inelastic demand
Jjj
Economics of scale make it possible to offer lower prices
Fiat money has value bc the gov. declares that it has value.
Pro-
There's a shortage of oil, pushing car companies into researching alternative fuels.
cutting taxes
