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>
Silversmiths, glassmakers, and weavers are examples of ARTISANS. These are people in the skilled trade crafting things by hand. Artisans are very important during the colonial era because developments and technology came from them. They invented their own tools, mastered their use and made further improvements to make them the best. These artisans are in charge of helping the community by being the reliable source for tools and other trade items essential for the economy.
Answer:
Montesquieu
Baron de Montesquieu came up with separation of powers, which divides government powers between the 3 branches, so one doesn’t overpower another.
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Answer:
1) Temüjin
2) His mother was kidnapped by his father and forced into marriage
3) Jamukha
4)The steppe is a belt of grassland that extends ~5000 miles from Hungary to the west, and further. All the way to Ukraine, central asia, and even Manchuria in the east.
I hope this helped!
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- Zack Slocum
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