Tag: Economics
-
How companies are hiding inflation without charging you more?
It is not possible for companies to hide inflation without charging more, as inflation refers to the overall increase in the prices of goods and services over time. However, companies can take measures to minimize the appearance of price increases, such as reducing the size or quantity of products while keeping the price the same […]
-
Shrinkflation – the economics of stealing from customers
Do you know that big companies have started a new mind game to sell their items? This mind game is called shrinkflation. Shrinkflation (shrinking the inflation), is a way of minimizing the effects of inflation. Unlike inflation where companies increase the cost of items; brands and manufacturers lessen the consumable items by a small margin […]