Asked by

Adamari Arenas
on Nov 03, 2024

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Which of these is caused by increases in the prices of raw materials and other factors of production?

A) Negative amortization
B) Supply-side deflation
C) Cost-push inflation
D) Price penetration

Cost-Push Inflation

Inflation caused by an increase in prices of inputs like labour, raw material, etc., leading to a decrease in the supply of these goods.

Raw Materials

Fundamental materials that are used in the production process to create goods and products.

Prices of Raw Materials

The cost of basic materials used in the manufacture of products, which can affect production costs and pricing strategies.

  • Understand the causes, types, and effects of inflation.
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AN
Anthony NoriegaNov 07, 2024
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