--%>
Assignment Help - homework help

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 : When is not total annual revenue

    As per this demonstrated figure in below, unless something changes the total annual revenue of Robot Butlers, Inc. Can’t exceed: (1) $10,000. (2) $20,000. (3) $100 million. (4) $200 million. (5) $400 million.

  • Q : Price inelasticity of supply The price

    The price elasticity of supply is zero therefore supply is perfectly price inelastic within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Short run expectations Can someone help

    Can someone help me in finding out the right answer from the given options. When Toyota expected the price at which it could sell its cars to increase in the near future, it’s very short-run response would possibly be to: (i) Raise its supply. (ii) Reduce its su

    		•
  • Q : Market supply Schedules for a good The

    The market supply schedule for a resource or good shows the: (i) Points in time if production is scheduled for completion. (ii) Amounts sellers wish could be given at prices exceeding the costs. (iii) Maximum quantities which will be offered for sale at particular pri

    		•
  • Q : National Income in Equality Standard As

    As per the equality standard of income distribution: (w) people should be paid according to their needs for income. (x) income should be distributed to resource owners. (y) justice requires national income to be divided equally. (z) people should be p

    		•
  • Q : Problem on demand-Purchasing goods I

    I have a problem in economics on demand-Purchasing goods. Please help me in the following question. The quantity of good consumers will purchase beneath different conditions are termed as consumer: (i) Requirements. (ii) Entitlements. (iii) Wants. (iv

    		•
  • Q : What is the meaning of ex-ante savings

    Meaning of ex-ante savings: Ex-ante savings are expected savings or planned savings.

    		•
  • Q : Occurrence of price discrimination

    Price discrimination arises whenever: (1) prices are exactly proportional to average variable costs. (2) customers who refuse to pay the market price must go without. (3) a good is sold at different prices not reflecting differences in costs. (4) perf

    		•
  • Q : Buyers and sellers as in price-takers

    Price-takers comprise buyers or sellers who are not capable to: (w) resist monopolistic exploitation. (x) influence the prevailing market price. (y) adjust the amounts they buy or sell. (z) make short-run economic profits.

    Q : Interaction of demand and supply with

    Identify and explain the main economic factors that determine the price of a good or service. Please include how demand and supply interact and elasticity, etc. Also give examples with graphs.

    		•