Without appropriate comparison between one group and its counterpart, the assumption that is unwarranted.
Economic factors
The author fails to take the inflation rate into account, or fails to analyze the relationship between the demand and the supply of certain product when drawing economics-related conclusion
Also, some economic factors should taken into account in the argument.
First, we need to know how much did the price of actually increase after adjustment for inflation.
Second, the author fails to consider the variation in the demand for during the same period
If the supply of falls short of demand, then there is good reason for the increased price of
The soundness of the speakers claim is significantly weakened for lack of economic consideration.
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