I need this question answered in two paragrhis. (Less than 1 page) Here is the question: Assume the invention of a competitively priced syntheticfuel that could supply 25% of U.S. energy needs within...

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I need this question answered in two paragrhis. (Less than 1 page) Here is the question: Assume the invention of a competitively priced synthetic fuel that could supply 25% of U.S. energy needs within 20 years. In what major ways might this change the external environment of U.S business?



Answered Same DayDec 21, 2021

Answer To: I need this question answered in two paragrhis. (Less than 1 page) Here is the question: Assume the...

Robert answered on Dec 21 2021
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Management question
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Question

Assu
me the invention of a competitively priced synthetic fuel that could supply 25% of
U.S. energy needs within 20 years. In what major ways might this change the external
environment of USA business?
Answer

The supply of crude oil is less in USA than its demand, so it is suggested that invention of
new and low priced synthetic fuel will help the nation in overcoming its difficulty. Synthetic
oil is the liquid gas produced from waste material, food crops, rubber, coal etc. The invention
of a competitively priced synthetic fuel that could supply 25% of U.S. energy needs within 20
years...
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