Business Studies, asked by GreggHarness, 2 days ago

Higher interest rates increase the cost of production and reduce the purchasing power of
consumers; which results in fall in demand. Which cause of business risk is involved in

this?

a. Human cause

b. Natural cause

c. External cause

d. Economic cause​

Answers

Answered by ranjitakamal2008
0

Answer:

the answer is ECONOMIC CAUSE.

Explanation:

People often sell their products at a high rate. some people cannot afford this much money to them

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