What is the main purpose of Cost Reduction Technologies in business?
CUET UG 2025 — Economics Micro
What is the main purpose of Cost Reduction Technologies in business?
Held on 29 May 2025 · Verified 13 Jul 2026.
Options
- A
To increase demand for a product.
- B
To maintain price level and to increase profit margins.
- C
To maintain high price in the market.
- D
To reduce number of suppliers in the market.
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