Which of the following is a major factor that influences price increases?
A)cost inflation
B)government intervention
C)foreign competition
D)surplus of raw materials
E)excess capacity

Question

Quizplus · Accepted Answer

Cost inflation refers to an increase in the cost of production inputs, such as labor and materials, which can lead to an increase in the cost of the final product and result in price increases.

Which of the Following Is a Major Factor That Influences