Abbie82007
Abbie82007 Abbie82007
  • 13-04-2020
  • History
contestada

what is the usual relationships between oil prices and oil production?​

what is the usual relationships between oil prices and oil production class=

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jakerz838
jakerz838 jakerz838
  • 13-04-2020

The answers should be A and C

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alisabethbrunson
alisabethbrunson alisabethbrunson
  • 13-04-2020

Answer: As oil production increases, oil prices usually decrease

As oil production experiences a bust, oil prices usually increase

Explanation:

Its all on the concept of supply and demand, it goes the other way too, when supply decreases the prices increases.  

Answer Link

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