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Limiting the supply of oil
What else can I help you with?
Which steel tycoon used vertical intergration to increase profits?
Andrew Carnegie
What oil tycoon used horizontal integration to decrease costs and increase profits?
John D. Rockefeller
Why is the OPEC less powerfull now?
Opec controls significantly less of the worlds oil supply than it used to. As many countries that have discovered oil have not joined OPEC.
What lead to oil embargo by OPEC?
OPEC wanted to raise the price of oil, so they used the supply /demand theory to get what they wanted. They held back the oil and raised the demand for it.
How does OPEC affect the US Economy?
The middle east has always been a large proportion of US crude oil imports. Therefore, when the OPEC was introduced and as the oil prices sharply rose, the US import spending on crude oils also increased by a substantial amount. This, in effect would mean that petro prices would increase and since petro is essential in transportations/industrial productions, you would expect a sharp increase in average price in the economy (inflation).
Why is kesari dal used as an adulterant in dals?
To increase profits
What is the definition of leaverage?
Used in investment and real estate as a method to increase profits with borrow money. A real estate investor uses leverage to profit from investing in renovated homes.
How are products differentals is used to try to increase profits?
Products differentials are used to try to increase profits in different ways. This is a strategy that is known as diversification whereby a supplier offers varied products to consumers which increases the chances of making sales and eventually profits.
Which steel tycoon used vertical intergration to increase profits?
Andrew Carnegie
What oil tycoon used horizontal integration to decrease costs and increase profits?
John D. Rockefeller
What method can be used to increase the rate of delivery of a rotary gear type pump?
increase the rpm
Why is the OPEC less powerfull now?
Opec controls significantly less of the worlds oil supply than it used to. As many countries that have discovered oil have not joined OPEC.
What spanish speaking country is a member of the OPEC?
Venezuela. Ecuador also used to be a member of OPEC, but withdrew.
Are punch boards legal in the state of Georgia?
It depends on what they are used for and what the prize(s) consist of (i.e.: If used by a charity as a fund raiser- yes / If used by a bar owner to increase his profits - no).
What method of measurement is used to find the volume of an irregular solid?
The water displacement method is typically used to find the volume of an irregular solid. The object is submerged in a known amount of water, and the increase in water volume is measured. This increase in volume is equal to the volume of the irregular solid.
How can revenue credit be utilized to maximize profits for a business?
Revenue credit can be used by a business to increase sales and attract more customers. By offering discounts, promotions, or loyalty programs, businesses can encourage customers to spend more and return for future purchases. This can help increase revenue and ultimately maximize profits for the business.
How many members in OPEC?
There are twelve members in OPEC: Algeria Angola Ecuador Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Gabon and Indonesia used to be members of OPEC but left in 1994 and 2009.
