--%>

Reduced effectiveness by pressure

The increased pace of globalization and the steady development of worldwide demands for petroleum-based products from 2002 have tended to decrease the: (w) derived demand for petroleum. (x) prices of gasoline and electricity. (y) pressures which had reduced OPEC's effectiveness as a cartel during 1980-2000. (z) incentives for oil exploration and refineries.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Goods trading problem Choose the right

    Choose the right answer from following. In recent years the United States has: A) exported more services abroad than it has imported. B) had a small goods trade surplus with Japan. C) had a large goods trade surplus with the rest of the world. D) fallen to third behin

  • Q : Least Relative Market Interest Rate

    Market interest rates are least associated to the: (1) willingness of people to defer consumption (to save) when they are rewarded for doing so. (2) relative liquidities of alternative financial assets. (3) marginal productivity of new capital relativ

  • Q : Reasonable analytic objection to land

    A reasonable analytic objection to the argument which full taxation of economic rents would not hinder allocative efficiency is about: (w) reducing income streams by rents does reduce the incentive of the resource owner to acquire the transaction cost

  • Q : Econ Give the answer of following

    Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

  • Q : Feature of pure competition NOT a

    NOT a feature of pure competition would be: (w) identical products of firms. (x) long-run freedom of entry and exit. (y) large numbers of sellers and buyers. (z) price making behavior by individual firms. I need a

  • Q : Competition between the producers in

    Is there competition between the producers in Canada?

  • Q : Monopolist of profit maximizing When

    When this is feasible for total revenue to cover all variable costs, in that case a profit maximizing monopolist will generate: (w) where marginal revenue equals marginal costs [MR = MC]. (x) in the inelastic portion of the demand cur

  • Q : Decisions of market for loanable funds

    If considering the market for loanable funds, and the classical view of how interest is associated to people’s decisions to save is which: (w) interest income is the prime example of an unearned economic rent. (x) the primary reason for inequali

  • Q : Problem on Collective Bargaining Can

    Can someone help me in finding out the right answer from the given options. Among the functions of the collective bargaining between unions and management are: (1) Establishing the rules of the work-place. (2) Selecting the form of compensation. (3) Determining the pr

  • Q : Capital to Labor Ratio When the

    When the capital-to-labor (K/L) ratio raises: (1) capital becomes more productive. (2) the interest payments to capital will raise. (3) the wages to labor will probably reduce. (4) labor productivity should rise. (5) the price of capital increases.