Question: If you raise the input price what happens to the output price? Min. of industry @JoeIssaElKhoury: It goes up because of natural economic forces. Min. of economy @abisat: Nothing unless the sellers exploit it, in which case the government should discipline them.
1
2
12
319
0
Download Image
@lbnotes @JoeIssaElKhoury @abisat It’s all about pricing power. If the sellers can, they will raise the price to correct for reduced margins and transfer the burden onto the consumer.