Write it in sentence. What will happen to employment when cost of production increases?

1 answer

When the cost of production increases, employment is likely to decrease as companies may have to cut back on their expenses, leading to layoffs or reduced hiring.
Similar Questions
    1. answers icon 1 answer
  1. Which one of the following statements is correct?There tends to be an inverse relationship between production (output) and
    1. answers icon 1 answer
  2. Which of the following statements is correct?Average fixed cost is always decreasing as production increases. Average fixed cost
    1. answers icon 1 answer
  3. Globalization Trends Quick Check2 of 52 of 5 Items Question Which of the following is an example of economies of scale?(1 point)
    1. answers icon 1 answer
more similar questions