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Now Canada is at second position for oil reservoir but most of them are in sand oil (IE. mixture of oil and sand), so that why cost of transportation and separation of oil from sand is increased. while in Saudi it contain pure crude oil (i.e. not mixed with sand) so that it's transportation and separation cost is less as comp air with Canada oil
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What countries produce more than they consume?
Saudi,Arabia,and Mexico.
What effect does a rise in the cost of machinery or raw materials have on the cost of a good?
The good becomes more expensive to produce.
What happens to supply when input coasts go up?
It decrease because the good becomes more expensive to produce .
A higher currency makes a country's exports more expensive?
It has to do with exchange rates. Consider the US and Canada. If one US dollar is worth $1.50 Canadian, then US dollars buy 50% more Canadian products than an equal number of Canadian dollars would. But if the value of the Canadian dollar rises, so that it is worth the same as an American dollar, then American dollars buy only the same amount of Canadian products as an equal number of Canadian dollars.
Is there a term to describe industries where it is more expensive per unit tp produce a large number of product than it is to produce a small number?
The term for industries where it is more expensive per unit to produce a large number of a product than it is to produce a small number is "diseconomies of scale." Firms with diseconomies of scale have a decrease in efficiency as they increase production. Businesses that do not require expensive technology, but require close personal supervision to be successful, may suffer an increase in the cost per item produced if they increase production past a certain point. In other words, there is a "diseconomy" to increasing production.
Which is worth more the Saudi Arabia Riyal or the Canadian Dollar?
of course Canadian dollar is worth more as Saudi riyal can only bee use in Saudi Arabia but Canadian dollar is world wide i remember i has Jordanian dinars which worth more thanksaudi riyal i couldn't sell it in Dubai Arab money are useless
What countries produce more than they consume?
Saudi,Arabia,and Mexico.
How expensive is a hybrid car?
Environmentally they cost more to produce than they save. very expensive no Kurt
Can Canadian kids attend American college?
Yes, but there are out of state, and sometimes out of country fees that will make American college for a Canadian more expensive.
Why is it more expensive to use shielded cable?
Manufacturing shielded cable is more expensive to produce than others types of wiring. This extra cost will be passed on to the consumer of the product.
Which two province produce more than three quarters of Canadian manufactured good?
Ontario and Quebec
What effect does a rise in the cost of machinery or raw materials have on the cost of a good?
The good becomes more expensive to produce.
What happens to supply when input coasts go up?
It decrease because the good becomes more expensive to produce .
Where can you get cheep hockey gear?
You can get some cheap hockey gear in Canadian Tire, but it's not as good of quality as some of the more expensive gear.
Is it cheaper or more expensive to use solar power than coal to produce electricity?
If you are setting up your own panels, start up cost is more expensive but this will pay off over time as it is renewable.
Why is Adidas clothing so much more expensive to buy than to produce?
Adidas clothing is more expensive to buy than to produce because of the clothing seller's substantial mark up to make a profit. This type of practice is not untypical of sellers of all kinds of products, not just sports apparel.
Which country is more rich Saudi Arabia or Iraq?
Saudi Arabia.
