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How should businesses react when cost of production increases.
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[QUOTE="Mastergp, post: 269762, member: 85422"] In a business we have small scale and large scale business such as their own capital use in starting up such business. It is therefore not easy to handle a business either small or large scale each are band to fall if not maintain but it takes times for a large scale business to fall or collapse most time large scale business can automatically reduce to small scale business like wise small scale business, it all depend on those managing the business. But at most times the cost of production may get higher in prices and this usually affects those that practice small scale business as a price of goods keeps increasing there interest may increase as well that is why most business places that practice small scale business always half empty with goods, because the expenses to travel and buy this products as well as the prices to buy them and bring this product back to their work place is very high and at most times when these products are bought in higher prices. [/QUOTE]
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How should businesses react when cost of production increases.
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