No, American manufacturers have been sourcing products and parts from around the world for decades, and today it is nearly impossible (and not to mention extremely expensive) for companies to attempt to extract themselves from the global supply chain.
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:
Islam came to Central Asia in the early part of the 8th century as part of the Muslim conquest of the region. Many well-known Islamic scientists and philosophers came from Central Asia, and several major Muslim empires, including the Timurid Empire and the Mughal Empire, originated in Central Asia.
Explanation:
there is no image, therefore i cant do anything to help you. Next time add an image or answer choice
