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melicb123

  • 3 years ago

If the price of oil increases, producers of oil will most likely _____. A. increase the supply of oil B. decrease the supply of oil C. increase the quantity supplied of oil D. decrease the quantity supplied of oil

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  1. BrittanyFrench
    • 3 years ago
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    I don't know the for sure answer in this one, but I think it's either B or D

  2. OFWGKTA814
    • 3 years ago
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    i think its b

  3. melicb123
    • 3 years ago
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    @OFWGKTA814 I think so too

  4. BrittanyFrench
    • 3 years ago
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    yeah I wasn't sure which one, B sounds about right though. good job!

  5. OFWGKTA814
    • 3 years ago
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    thx

  6. melicb123
    • 3 years ago
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    @BrittanyFrench Yea these economics questions can be a little tricky. Thank you for the help.

  7. OFWGKTA814
    • 3 years ago
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    u welcom

  8. BrittanyFrench
    • 3 years ago
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    @melicb123 :) yes they sure can! And you're welcome..

  9. BrittanyFrench
    • 3 years ago
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    anything to help

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