2025 · Q73
The practice of reducing the size of a product while maintaining its sticker price is called:
General KnowledgeIndian Economy
- AShrinkflation
- BReflation
- CDisinflation
- DDeflation
Explanation
Shrinkflation is the practice of reducing a product's size or quantity while keeping its sticker price unchanged — a hidden form of inflation. Reflation is a deliberate stimulus of inflation, disinflation a slowdown in the inflation rate, and deflation a fall in the general price level. Consumers often fail to notice shrinkflation because the package price stays the same.