why the price increase is less likely
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This is the concept of unit labour cost which we see to find out whether there is a cost push or demand pull inflation
Unit labour cost is used to identify cost push inflation
Plz see the image you will understand clearly
Now as per ur question above the answer is C becoz productivity is rising more than the wages of labour so why would manufacturer will increase price
cost-push inflation is the increase in the cost of the associated cost of production like material and labor if the labor productivity increase then the unit cost per labor decrease and hence the cost price is least likely to be increased. Keep in mind we we increase the labour productivity by any means it will leads to fall in cost-push inflation