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QUESTION

Econ w9 PT 1

Reasons of Price Increases (Inflation)" Please respond to the following:

  • From Part 1 of the scenario, identify whether the copy center is facing a cost-push or demand-pull inflation and provide a rationale for your answer. Suggest a policy that could help the business in the short run and long run.
  • From Part 2 of the scenario, identify whether the copy center is facing a cost-push or demand-pull inflation and provide a rationale for your answer. Suggest a business strategy that would offset the type of inflation you have identified
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