Saturday, January 08, 2011

Unit 1: The effect of rising fuel costs on a haulage firm

This BBC report makes it clear

http://www.bbc.co.uk/news/business-12135523

a) Using a S&D diagram, show the effect of rising fuel costs on the haulage market
b) if the firm is "no longer able to pass on the increased costs" how does the firm survive? How would this change your diagram?

No comments: