What is an effect of businesses laying off workers?
a workers have less money
b businesses have higher costs
c businesses make more money
d workers demand higher wages

The correct answer would be option B, Businesses have higher costs.

Explanation:

When an organization fires employees because of a certain reason, it is called laying off. Now in this question, the reason of businesses for laying off their employees is asked. It is asked that what could be the possible effect which made a business in laying off its employees. So the appropriate answer would be that when businesses have higher costs, they usually try to cut off their costs by laying off their employees and take the work of those workers from the other workers or higher some new workers at a lower wage rate. In this way the cost of the companies can be controlled and minimized.

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