Question 24

Cause: The cement manufacturing companies have increased the price of cement by about fifteen percent with immediate effect.
Which of the following is/are possible effect (s) of the above cause ?
A: Govt. will direct the cement manufacturing companies to reduce the price increase to five percent
B: The prices of residential flats and commercial companies will see an upward trend
C: The construction companies may stop all on going construction projects with immediate effect.

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