How and when do business adjust for inflation?

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How and when do business adjust for inflation?

In: Economics

6 Answers

Anonymous 0 Comments

Companies raise prices from time to time. They give cost of living increases to their employees. Inflation is a gradual, small thing… but businesses tend to adjust more irregularly. So they may raise prices 5% every 2 years rather than constantly raising a nickle here, dime there.

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