question 8 points 3 what causes prices to rise according to the theory of cost - push inflation? a surplus…

question 8 points 3 what causes prices to rise according to the theory of cost - push inflation? a surplus of inventory, which must get marked up to make it appear desirable a full employment situation, because then there is ample disposable income higher wages, because businesses must then charge more to maintain their profits increased demand, which pushes up the costs of all items questions 7/10 answered reset button will be enabled after completing this assessment. 0/2 available

question 8 points 3 what causes prices to rise according to the theory of cost - push inflation? a surplus of inventory, which must get marked up to make it appear desirable a full employment situation, because then there is ample disposable income higher wages, because businesses must then charge more to maintain their profits increased demand, which pushes up the costs of all items questions 7/10 answered reset button will be enabled after completing this assessment. 0/2 available

Answer

Answer:

C. Higher wages, because businesses must then charge more to maintain their profits

Brief Explanation:

Cost - push inflation occurs when production costs rise, such as higher wages. Businesses pass on these increased costs to consumers in the form of higher prices to keep their profit levels.