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>
It offered easy access to varied resources and had a mild climate which facilitated all-year gatherings. The sea and beach furnished marine life and shellfish which were the most important food sources, and from the river fresh water and food were obtained.
Answer:
In 1949, the United States, Canada, and 10 countries of Western Europe formed a new military alliance called the North Atlantic Treaty Organization (NATO). This group agreed to consider an attack on any member as an attack on all and formed a standing army to defend Western Europe in the event of a Soviet invasion.
Explanation:
<h2><u><em>
MARK ME BRAINLIEST PLEASE</em></u></h2>
Answer:
The answer is" Britain paid the war debt by taxing American colonists."
Explanation:
Britain had a large amount of debt from fighting the war and pushed the debt on to the colonists to pay