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3 August, 01:34

What effect does a rise in the cost of machinery or raw materials have on the cost of a good?

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  1. 3 August, 02:00
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    It's a chain reaction. If the cost of manufacturing increases the cost of goods will increase to keep up with the demand and also to get a reasonable amount of profit. So if the cost rises in producing the goods so will the goods itself.
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