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What organization's goal is to control the worlds production and price of oil?
Wiki User
∙ 9y ago
OPEC is the organization that controls the world's production and price of oil. The members of OPEC come from twelve oil producing states.
Wiki User
∙ 9y ago
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What is the price of the book the war of the worlds?
$9.58
What basic problem were the opa and wpb created to solve?
The WPB organized nationwide drives to recycle scrap into war goods. The OPA set up a system for rationing. OR Office of Price Administration (OPA) and the War Production Board (WPB) were powerful WWII organizations. The function of the OPA was to control prices and rents after the outbreak of WWII. The WPB was formed to regulate the production and allocation of materials and fuel during WWII.
What organization was extablished to provide oil-rich nations more control over the production and price of oil?
OPEC - The Organization of Oil Producing Countries
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Who pays for air pollution?
Everybody does. The cost to your health is wrapped into the "cheaper" monetary price for transportation, industry, energy production and food. The unfortunate part is that only a small percentage of the worlds population gets to enjoy the production benefits, but all 7 billion pay towards it with their degraded environment.
What does the amount of production and the price depend on'?
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1939 worlds fair silver spoon value price?
15.00
What is factor price?
the cost of factor of production
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A price war.
What factors cause the supply curve to shift?
Change in: production costs; production environment; price of related good; law; labour demand/price.
What happens to the price of when OPEC countries decide to limit production?
Price goes up.
