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What are major crude oil and natural gas companies?
The majors are large, vertically integrated companies that explore, produce, refine, and sell oil and gas to end consumers. These companies benefit most from the economies of scale.
Who are the biggest consumers of oil?
It is the United States of America.
Who are the main consumers of crude oil?
The United States leads the way in oil consumption as of now.
Does turkey have large oil reserves?
No. Turkey does not have large oil reseves.
How do primary consumers obtain carbon?
Every producer gets its energy from the sun its called photosynthesis.
How did consumers benefit from the existence of large trusts?
it lowered the cost of products
Does the concept of consumer sovereignty refer to situations in which consumers are represented on the Board of Directors of large corporations?
Yes, the concept of consumer sovereignty refers to situations in which consumers are represented on the Board of Directors of large corporations.
What ecosystem might have a pyramid of numbers where there are less producers than consumers?
If the producers happen to be large trees, they can be small in number but still have a large biomass, therefore allowing them to support a community of more consumers.
What natural resource gave Texas a large economic boom?
Oil gave Texas a large economic boom.
What are the ingredients of potato chips that contributes most to the health of the consumers?
Probably the oil they fry them in
Why is oil an inelastic good?
Oil is inelastic because it is a normal product , if the price goes up the consumers will still need to buy it because there are few substitutes such as the gas and the green energy, and the oil is necessity for the consumers. however,any increase in the price of oil will not lead to decrease in the consumption in large quantity. In this point we can argue from two perspectives Firstly, the consumers perspectives: if the price of oil goes up then the consumer will tend to find alternative to oil. For example, the consumer will not use their own transportation, they will tend to use the public transportation, however there will be some people who can afford the rising prices, hence they will continue consuming the oil . Secondly, the governmental perspective: if the price goes up and it has long term upward trend then the government will try to invest in the other source of power such as green energy. Hence, the oil is inelastic but in the short term and the next chart can explain the two perspectives.
What are some consumers in the fresh water?
Some tertiary consumers in fresh water may include fresh water alligators, snapping turtles, and large fish.
