The correct answer is "decrease".
Gas (oil) is considered a necessary input in the business, as it is required for the production process. Its price would be taken into account as a production cost.
<u>One of the factors that affects the supply of a good or service is the price of the inputs used during the manufacturing process.</u> The higher the price of inputs, the higher the costs of production, and the higher the price that the firm needs to set in order to gain an acceptable profit margin per unit sold.
On the other hand, the relationship between the price of inputs and the price of the products also works in the opposite direction. If the costs of the factors of production decrease, the firm can become more competitive in the markets by establishing a lower price for the product while it can continue earning the same, or even a larger, profit margin. <u>Therefore, the price of the product will decrease if so do the prices of inputs. </u>
Answer:
Commas
Explanation:
Victor was standing in the driest place on Earth. In some parts of the Atacama Desert, not a single drop of water had been seen for decades. On his back, Victor's gear seemed especially heavy. He had food, clothes, and water for the next 250 kilometers. Could he make it? Yes, he could. While he waited for the race to begin, Victor's heart pounded. Above the desert, wispy clouds crossed the deep blue sky.
Answer:
They supported that because they wanted more territory and they wanted goods such as gold .
Answer:
There were four main factors that Japan had in its favour that made modernization of the country faster. Japan's island geography, a centralised government, investment in education and a sense of nationalism were all factors that allowed Japan to modernize in under half a century
Explanation:
Answer:
Its eighther B or D but I'm pretty sure its D
Explanation:
English is commonly known as the universal language.
