Musashi manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This is an example of the of inflation.

Question

Bucky

Business

19 April, 08:10

Musashi manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. His employees regularly deal with customer annoyance over the frequent price changes. This is an example of the of inflation.

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Answers (1)

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Megan Barr · Answer 1

Menu cost

Explanation:

Rapid inflation forces a firm to change their costs frequently to guarantee that their incomes keep up with the rate at which the general value level is rising. In that regard, it requires assets that would some way or another be put to more important issues. The expenses related with changing sticker prices, value records, site substance, lists, and menus are known as the menu expenses of inflation.