The automobile industry is very much affected by supply and demand. I

QUESTION

The automobile industry is very much affected by supply and demand.

If dealerships are overstocked with certain cars, an automaker may temporarily shut down production at some plants and then restart production as inventory is sold off. What happens to the workers at these plants?
A) They are downsized.
B) They are transferred.
C) They are laid off.
D) They are demoted.
E) They are fired.

ANSWER

Answer: C
Explanation: C) A layoff is the temporary dismissal of an employee, with the potential of being rehired later.