Which of the Following Would Most Likely Trigger a Price

question 12

Multiple Choice

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

---

Definitions:

Contract Expired

A legal agreement that has reached the end of its term and thus is no longer in effect, often requiring renewal or negotiation of new terms.

Lock Out

A situation where employers prevent employees from entering the workplace, typically during a dispute.

Customer Access

The ease with which customers can reach and purchase products or services from a company.

Management

The process of planning, organizing, leading, and controlling resources to achieve organizational goals.