Answer to Question #17982 in Economics of Enterprise for David chong

Question #17982
Evaluate and explain a firms signs a contract to provide maintenance services at fixed rate for the next five years would be affected by fairly rapid inflation?
1
Expert's answer
2012-11-06T09:30:05-0500
The firm would not be affected by fairly rapid inflation because it has contract in fixed rate, only changes can be if it has other goods and services that should be bought. Then rapid inflation will influence firm efficiency

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal