Business
Business, 09.11.2020 17:00, 1315055427

A shift of the supply curve of oil raises the price from $10 a barrel to $15 a barrel and reduces the quantity demanded from 40 million to 15 million barrels a day. You can conclude that the . A. demand for oil is inelastic
B. demand for oil is elastic
C. supply of oil is elastic
D. supply of oil is inelastic

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A shift of the supply curve of oil raises the price from $10 a barrel to $15 a barrel and reduces th...

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