A glut in the world market for crude oil means
...A glut in the world market for crude oil means
A fall in crude oil production
An excess supply of crude petroleum
A higher crude oil price offered by the buyer
A higher crude oil price demanded by the seller
Correct answer is B
No explanation has been provided for this answer.
If the demand elasticity coefficient of cars is 0.5, it implies that the demand for petrol is ...
National income at factor cost means national income at ...
Where is the headquarter of the African Development Bank (ADB) located? ...
Minimum wage legislation will result in ...
EXPECTED REVENUE Items Amount ($m) Rents and royalties 75.00 ...
The primary objective of all international economic organizations is to ...
A profit maximizing monopolist should produce within the range where his demand is ...
Which of the following is NOT a feature of land? ...
One quality of money which makes it possible to be carried easily is its ...
Which of the following is part of the capital account of the balance of payments? ...