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: The US
backed out in financially helping Egypt build a dam, particularly the Aswan
High Dam. US offered to help Egypt build this dam but backed out of the deal
for unknown reasons. 90,000 Nubians/Egyptians were affected by relocation and
there were also a lot of artifacts that were moved to make way for this
development
Explanation:
It's too short.write at D..
Answer:
Feb. 6, 1778
Explanation:
King Louis XVI approved negotiations to that end. With Franklin negotiating for the United States, the two countries agreed to a pair of treaties, signed on Feb. 6, 1778, that called for France's direct participation in the war.
Foreign nations were trying to take over....
