Prices in most markets are determined as a mark-up over per


Prices in most markets are determined as a mark-up over per unit wage costs, P = (W/a) x (1+z). Explain the factors underlying this price relation, as well as the underlying cause of inflation based on these same factors.

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Business Economics: Prices in most markets are determined as a mark-up over per
Reference No:- TGS02189406

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