Ask Question
25 October, 10:59

What effect will be increase in electricity have on manufacturing industry's output.

+5
Answers (1)
  1. 25 October, 12:25
    0
    An increase in electricity price will translate into an increase in operational costs for a manufacturing industry. An increase in the operational costs will in turn let the company sacrifice a few costs in order to have a stable cash flow. Cost cutting might happen. With respect to the industry's output, it is possible that productivity will decrease in relation to the increase in electricity price since producing more will mean more electricity to be used.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What effect will be increase in electricity have on manufacturing industry's output. ...” in 📘 English if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers