Which of the Following Would Most Likely Trigger a Price

question 46

Multiple Choice

Which of the following would most likely trigger a price increase?

• A) cost inflation
• B) reduced demand
• C) cheaper alternatives
• D) reduced expenses
• E) overproduction

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Definitions:

Income-Support Structure

Systems or programs designed to provide financial assistance to individuals or households with inadequate or no income.

Charles Murray

An American political scientist and author known for his work on social policy and intelligence in the United States.

Female-Headed Household

A household led by a woman, often used in discussions about demographics, economics, and social issues.

Hispanic American

An individual of Cuban, Mexican, Puerto Rican, South or Central American, or other Spanish culture or origin, regardless of race.