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:
Communist Party of the United States of America
Explanation:
hope it helps
Answer:
Most texans live in cities and suburbs.
Explanation:
Answer:
abolition, temperance, and women's rights
Answer:
The correct answer is "Iron Curtain
".
Explanation:
The word signifies the Soviet Union's attempts to isolate as well as its successor states through direct communication with both the West as well as its Allies.
- It was indeed a concrete as well as conceptual mechanism being used by the Soviet Union to distinguish itself against Western European as well as eastern nations accompanying it.
- That provided as nothing more than a way for either the Soviets to distinguish itself from all European nations, economically, politically and ideologically.
