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How does low demand for oil affect the texas economy?
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How does low demand for oil affect the texas economy?

How does low demand for oil affect the texas economy?-example-1
User JaggenSWE
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1 Answer

8 votes

Answer:

Last option.

Low demand means low prices for oil, which hurts the economy.

Step-by-step explanation:

The law of supply-and-demand tells us that lower demand means lower prices, and higher demand means higher prices.

User AplusG
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