Biology Forums - Study Force

Other Fields Homework Help Business Topic started by: Lauren1 on Nov 11, 2014



Title: If OPEC, a group of oil producing nations, cuts oil production to increase the t
Post by: Lauren1 on Nov 11, 2014
If OPEC, a group of oil producing nations, cuts oil production to increase the total revenue, OPEC presumes that the demand for oil is
A) perfectly elastic.
B) unit elastic.
C) elastic.
D) inelastic.


Title: Re: If OPEC, a group of oil producing nations, cuts oil production to increase the t
Post by: MrDereche on Nov 15, 2014
Content hidden


Title: Re: If OPEC, a group of oil producing nations, cuts oil production to increase the t
Post by: Lauren1 on Nov 17, 2014
Thank you, this really, really helps :heart:


Title: Re: If OPEC, a group of oil producing nations, cuts oil production to increase the t
Post by: MrDereche on Nov 17, 2014
You're welcome!