Register
3. There is lots of oil in the world. Would the price of oil increase or decrease in price? Why
191k views
1 vote
3. There is lots of oil in the world. Would the price of oil increase or decrease in price? Why

User Alex Lyman
by
7.9k points

1 Answer

6 votes
the price would decrease due to the availability. it’s easier to find so if everybody sells it then prices are going to be lower so that people buy from the lower prices
User WorksOnMyLocal
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!