Fuel Prices having Negative Impact on Businesses

Fuel Prices having Negative Impact on Businesses

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of high fuel prices on various sectors, including hauliers, leather wholesalers, and petrol stations. Hauliers face increased costs, threatening their survival, while leather wholesalers struggle with managing fuel surcharges. Petrol stations have low profit margins despite high prices. The uncertainty in the Middle East keeps oil prices high, adding political significance to fuel duty decisions.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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