Economists have pointed out that factors such as increase in disposable income, consumer spending, public expenditures, black money, etc. Are responsible for exceeding demand. Similarly, there are certain factors such as less also production, natural calamities, artificial calcities, increase in export, et cetera which are responsible for shortage of supply. Price rise affects different people differently although it may not have much effect on flexible income group, it is so because their salaries and wages remain the same. Thank you
The price swell be there will be increase in price and apart from that there are multiple reasons for increasing demand like increase in population and their choices of their choice of leaving and unemployment factor and all so there are multiple reasons and these multiple reasons actually contribute to increase in demand but the supply is less which will actually immediately affect the cost cost which will be increased so if we want to control the price rise all these factors must be controlled