Consumer product prices rise independently of supply
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
2 sources for · 0 against
AS REPORTEDno primary record reached; this is what the reporting says
Historical political economy literature notes that commodity prices can be determined independently of production costs and supply-side considerations.
both input costs and product prices. The actual rise in product prices also feeds back on … aggregate supply: cost-push, where prices rise independently of aggregate demand because of increases … Is the law of supply and demand being violated? Comment. 10. Prices rise because the cost
determine, and does actually determine, the prices of commodities, independently of any considerations of cost, or of the ordinary wages, profits, and rent
Everything we examined (2)
This check searched the claim as stated. It did not run a separate search for evidence against it.