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allsm [11]
3 years ago
5

Explain the three degrees of inflation

Business
2 answers:
GalinKa [24]3 years ago
7 0

Answer:

The three types of Inflation are Demand-Pull, Cost-Push and Built-in inflation

mrs_skeptik [129]3 years ago
5 0

Answer:

They are creeping, walking, galloping, and hyperinflation. There are specific types of asset inflation and also wage inflation. Some experts say demand-pull and cost-push inflation are two more types, but they are causes of inflation. So is the expansion of the money supply.

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Juliette [100K]

Answer:

Implied warranty.

Explanation:

Implied warranty is when there are presumed assurance of the performance of a product due to the circumstances of the sale. For example when one purchases a television the assumption is that the television will work. This is the implied warranty when making a purchase.

In this instance Sylvania sells light bulbs and the buyer assumes that the bulbs are safe to use, and will last for a good period of time before they fail.

A violation of implied warranty for example is if one buysa product and it does not work at all. The customer can return the item for replacement.

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3 Points
Maslowich

Answer:

C. An auction market

Explanation:

Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.

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<u><em>Option C</em></u> is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.

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