Examine the following variables that could affect the price of
oil:
a. Tax credits were offered for expenditures on home
insulation.
b. The Alaskan pipeline was completed.
c. A supposed ceiling on the price of oil was removed.
d. A new, very large deposit of oil was discovered.
e. Buyers in large numbers all of the sudden started driving
large sport utility vehicles. f. The use of nuclear power suddenly
decreased.
Choose any two of the above variables, and describe how your
selections would affect oil prices based on the supply and demand
analysis.
200 word min. APA

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