value: 3\nwhen costs increase due to increases in production costs while companies are running at full…
value: 3\nwhen costs increase due to increases in production costs while companies are running at full production capacity, it is known as\n# 3/5\n< prev\ncost - push inflation\ninflation\ndeflation\ndemand - pull inflation
Answer
Brief Explanations:
Cost - push inflation occurs when production costs rise and companies are at full - capacity production, leading to higher prices. Inflation is a general increase in prices, deflation is a general decrease, and demand - pull inflation is caused by increased demand.
Answer:
cost - push inflation