Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
I am fully aware of cost push inflation and its causes - ie how it affects firm's margins forcing them to push up their product sale price etc.
I am also aware that demand pull inflation occurs where firms intend to continue producing at the same price level but are unable to meet their full demand given what they are able to supply (for example, after they have entered the labour mkt to acquire more workers they still do not have enough labour to meet their demand). So they then decide they can push their price up. basically , demand exceeds supply.
What I never come across in text books however is where a firm decides merely to increase it's price because its demand has increased (ie its demand curve has shifted outwards , therby making a higher price more attractive in terms of revenues vs costs). Clearly this is different from traditional demand pull inflation because at the point where the firm decides to increase its price(right at the start), they have not yet determined how much they are able to produce. does this make sense?
My question is, what is this third type of inflation referred to as? I'm sure it occurs in the economy, buti cant seem to find it referred to anywhere.
Illustrtae what are the nominal rates of interest for both the United States and the euro area?
Required to find out an articles about price elasticity in the home building industry
What are the two problems facing the Bank of Canada in trying to control the money supply precisely?
An entrepreneur plans to convert a building she owns into a video-game arcade. Her main decision is how many games to purchase for the arcade.
For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.
"A substantial number of relatively unskilled persons reported that they can't find work. At the same time, there're many unfilled jobs for relatively skilled people. Apparently, the problem is that there're more unskilled peop..
The kinked-demand schedule that an oligopolist believes confronts the firm is given in the table below. Compute the oligopolist's total revenue at each of the nine prices
You are a financial adviser to a U.S. corporation that expects to receive a payment of 40 million Japanese yen in 180 days for goods exported to Japan.
Your local bank is reluctant to lend to you as you basically have a large mortgage loan on the property on which the hospital complex lies.
Bertand: If the firms compete on the basis of (continuous) price, what is the Nash equilibrium if the game is played once? A finite number of times? Explain clearly.
When McDonald's Corp. reduced the price of its Big Mac by 75 percent if customers also purchased-Using your knowledge of game theory, what do you thank disrupted McDonald's plans?
If you assume that the forward rate is a predictor of the future spot rate, does it suggest that the Dollar should have appreciated or depreciated from 2001 to 2002? (round to nearest integer)
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd