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Category > Economics Posted 15 Jun 2017 My Price 4.00

Oil Market

6. Illustrate what’s happening to oil prices in the World View on page 63.

(a) Demand?

(b) Supply?

(c) Price?

 

Oil Market

(a)

                   
                   
                   
                   
                   
                   
                   

 

Which curve shifted?

 

(b) Which direction did that curve shift

(left or right)?

 

(c) Did price (A) increase or (B) decrease?

 

Answers

(8)
Status NEW Posted 15 Jun 2017 11:06 AM My Price 4.00

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Attachments

file 1497525889-Answer.docx preview (124 words )
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