What is an effect of businesses laying off workers? Workers have less money to spend. Businesses have higher costs. Businesses m

Question

nydimaria [60]

3 years ago

10

What is an effect of businesses laying off workers? Workers have less money to spend. Businesses have higher costs. Businesses m

ake more money. Workers demand higher wages.

Social Studies

2 answers:

liberstina [14] · Answer 1 · 2022-03-20T23:43:13+03:00

Whenever a business lays off workers, the former make more money.

Let's say you run a tea production company and your production costs, which includes paying your workers, are higher than your earnings. As a consequence, you can not afford paying your employees and, inevitably, you have to fire them so that you have more money to keep running your company.

Scilla [17] · Answer 2 · 2022-03-21T00:46:24+03:00

Scilla [17]3 years ago

6 0

Answer:

C because they have less employees to pay

Explanation: