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2. Penrose tiling - Wikipedia

   en.wikipedia.org/wiki/Penrose_tiling

   [9] [23] [41] The substitution rules decompose each tile into smaller tiles of the same shape as those used in the tiling (and thus allow larger tiles to be "composed" from smaller ones). This shows that the Penrose tiling has a scaling self-similarity, and so can be thought of as a fractal , using the same process as the pentaflake .

3. Demand-pull inflation - Wikipedia

   en.wikipedia.org/wiki/Demand-pull_inflation

   The expectation that inflation will rise often leads to a rise in inflation. Workers and firms will increase their prices to 'catch up' to inflation. There is excessive monetary growth, when there is too much money in the system chasing too few goods. The 'price' of a good will thus increase. There is a rise in population. [3]

4. Cost-push inflation - Wikipedia

   en.wikipedia.org/wiki/Cost-push_inflation

   Cost-push inflation is a purported type of inflation caused by increases in the cost of important goods or services where no suitable alternative is available. As businesses face higher prices for underlying inputs, they are forced to increase prices of their outputs. It is contrasted with the theory of demand-pull inflation.

5. Price controls - Wikipedia

   en.wikipedia.org/wiki/Price_controls

   A government-set minimum wage is a price floor on the price of labour. A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called ...

6. Built-in inflation - Wikipedia

   en.wikipedia.org/wiki/Built-in_inflation

   Built-in inflation is a type of inflation that results from past events and persists in the present. Built-in inflation is one of three major determinants of the current inflation rate. In Robert J. Gordon's triangle model of inflation, the current inflation rate equals the sum of demand-pull inflation, cost-push inflation, and

7. Price elasticity of demand - Wikipedia

   en.wikipedia.org/wiki/Price_elasticity_of_demand

   A good with an elasticity of −2 has elastic demand because quantity demanded falls twice as much as the price increase; an elasticity of −0.5 has inelastic demand because the change in quantity demanded change is half of the price increase. [2] At an elasticity of 0 consumption would not change at all, in spite of any price increases.