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Business, 12.09.2019 00:30 alexbrafford

Martha visits a departmental store and discovers that a box of exotic candles will cost her ten percent more than what she had paid six months ago. the increase in prices is same across the country. in this scenario, which of the following statements is true?
the departmental store is trying to earn profits by increasing the prices of its goods.
she has to pay twelve percent more than what she paid last month.
she will have immediate purchasing power if she had a pay raise to match the inflation.
the candles' subjective value increases with the increase in inflation.

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