Question

The price of increases. Which of the following is not part of the likely chain of events that follows from this price​ change? A. Some consumers of reduce their consumption of . B. The demand for increases. C. Producers of increase their production of . D. The manufacturers of lay off some workers.

Answer 1

Answer:

The manufacturers lay off some workers

Explanation:

Some of the factors that are likely to trigger a price increase are reduction in consumption, increase in demand , increase in production by the producers.

However , it is not likely that the lay off of some workers by the manufacturers causes price increase as lay of workers is a cost management move where workers that are less relevant to  operation are relieved of their duties so that cost can be adjusted to accommodate a price reduction.

Therefore , workers lay off is more likely to bring a price reduction rather than price increment.