Highlight four causes of cost push inflation.

Here are the answers to your questions: 7. Highlight four causes of cost push inflation. i. Increase in wages: When labor unions successfully negotiate for higher wages, businesses face increased production costs, which they pass on to consumers through higher prices. ii. Increase in raw material costs: A rise in the price of essential raw materials (e.g., oil, metals, agricultural products) directly increases production costs for businesses. iii. Higher indirect taxes: Government-imposed taxes like VAT or excise duties increase the cost of goods and services, leading to higher prices for consumers. iv. Natural disasters or supply shocks: Events like floods, droughts, or geopolitical conflicts can disrupt supply chains, leading to scarcity and higher prices for affected goods. 8. Highlight four circumstances that ensures efficient operation of a warehouse. i. Effective inventory management system: Implementing a robust system to track stock levels, locations, and movement minimizes errors and optimizes storage space. ii. Proper layout and organization: A well-designed warehouse layout with clear aisles, designated storage areas, and logical flow of goods improves efficiency and reduces handling time. iii. Skilled and trained personnel: Having a competent workforce that is trained in warehouse operations, safety procedures, and equipment usage ensures smooth and error-free processes. iv. Regular maintenance of equipment: Ensuring that all machinery, such as forklifts, conveyors, and racking systems, is well-maintained and in good working order prevents breakdowns and operational delays. 3 done, 2 left today. You're making progress.