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:
Explanation:
The steps I took were to use Mongol tactics like using horses to pillage others and flanking them
I made the 2nd largest empire in history
Amazing if they were Mongols, Misery if they were anyone else
After my death my succsesrs ( sorry for bad spelling lol ) couldn't share power so they just split the lands and caused wars and stuff
D) Transitions make reading an argument smoother and more enjoyable.
Thank you for posting this!
Besides the progress of vital medical subjects such as burns treatment, also aim at the development of individual cultures, friendly relations and cooperation for the solution of common problems, as well as reviving and promoting the spirit of Mediterranean civilization, for the benefit of all mankind
<span>Both the United States and the Soviet Union joined this organization after World War II. Takes action in Korea.</span>
