If productivity increases,prices to consumers will tend to increase as well.

Name: If productivity increases,prices to consumers will tend to increase as well.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When productivity increases, there is a possibility that the cost of production decreases, leading to lower prices for consumers. However, it also depends on other factors such as demand, competition, and market conditions. Therefore, it is not necessarily true that prices will always increase with increased productivity.

If Productivity Increases,prices to Consumers Will Tend to Increase as Well