An increase in the price of oil, with no change in the quantity sold, indicates that: A) supply has decreased and demand

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

An increase in the price of oil, with no change in the quantity sold, indicates that: A) supply has decreased and demand

Post by answerhappygod »

An increase in the price of oil, with no change in the quantity
sold, indicates that:
An Increase In The Price Of Oil With No Change In The Quantity Sold Indicates That A Supply Has Decreased And Demand 1
An Increase In The Price Of Oil With No Change In The Quantity Sold Indicates That A Supply Has Decreased And Demand 1 (134.57 KiB) Viewed 12 times
A) supply has decreased and demand has decreased
B) supply has decreased and demand has increased
C) supply has increased and demand has decreased
P 0 P 9 S D Q
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”