Cover The Growth of Service Industries

The Growth of Service Industries

The Paradox of Exploding Costs and Persistent Demand
Problems arise if budgets for services are held constant whilst prices rise. Education, cultural activities and health services are under constant budgetary pressure. The authors argue that the price of commodities is linked to demand and price increases would therefore seem to threaten the very existence of these services. The paradox of these services is that in spite of their exploding costs, demand persists.
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Monograph Book
Published:
25 Apr 2001
Print ISBN:
9781840644227
eISBN:
9781781951231
DOI:
https://doi.org/10.4337/9781781951231
Pages:
240
Collection:
Economics 2010 and before
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