Which of the following would most likely trigger a price increase?
A) cost inflation
B) overproduction
C) reduced demand
D) reduced expenses
E) cheaper alternatives

Name: Which of the following would most likely trigger a price increase? A) cost inflation B) overproduction C) reduced demand D) reduced expenses E) cheaper alternatives
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Cost inflation typically leads to a price increase as businesses pass on the higher costs of production to consumers.

Which of the Following Would Most Likely Trigger a Price