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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?
Expert's answer
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

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