1
Question
Who gains on account of windfall profit with an increase in price rise at a faster rate than the cost of production?
Who gains on account of windfall profit with an increase in price rise at a faster rate than the cost of production?
Open in App
Solution
The correct option is A Manufacturers
Manufacturers tend to gain during inflation, because prices rise at a faster rate than the cost of production. Thus inflation makes the rich still richer.
Manufacturers
Manufacturers tend to gain during inflation, because prices rise at a faster rate than the cost of production. Thus inflation makes the rich still richer.
Suggest Corrections
0
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
