Social Studies, 06.01.2020 14:31 chloe8979

Your business is dependent on gas to transport its goods. the price of oil decreases, which means your production costs
a. increase
b. decrease
c. stay the same

Answers: 1

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If the price of gas is a key factor in transporting your goods then the decrease in the price of oil will mean that your production costs decrease as well. Cheaper oil almost always means that the price of gas will decline and in turn you spend less money on fuel getting your goods from location to location.

Answer from: Quest

It allowed for things to be produced much more quickly and efficiently

Answer from: Quest

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