the theory and evidence behind it shows the opposite, "sticky prices" are usually always sticky in one direction.
wages is the biggest one, very hard to decrease wages but very easy to increase.
consumer goods are the same, it's easy to discount your stock to sell it - but if you raise it you have to deal with "price gouging" and "profiteering" and "causing inflation".
wages is the biggest one, very hard to decrease wages but very easy to increase.
consumer goods are the same, it's easy to discount your stock to sell it - but if you raise it you have to deal with "price gouging" and "profiteering" and "causing inflation".