Because as we know unexpected inflation can cause changes in the price of advertising right; and also unexpected inflation can cause a change in the price of any good unless the exception for eg. the wage prices which are fixed for the entire year at the starting of the year and the unexpected inflation occurs in the middle of the year.
Now, let’s come to expected inflation – if we already know that the advertised price is going to rise then the change in price will occur.
Answer is Option A?
No
Answer is C
The answer here should be option C.
Because as we know unexpected inflation can cause changes in the price of advertising right; and also unexpected inflation can cause a change in the price of any good unless the exception for eg. the wage prices which are fixed for the entire year at the starting of the year and the unexpected inflation occurs in the middle of the year.
Now, let’s come to expected inflation – if we already know that the advertised price is going to rise then the change in price will occur.