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What usually happens to prices when there is a demand for a product?
The price is raised.
When OPEC raised the price on oil prices it created a?
cost push inflation
What has happened to oil prices over the last 5 years?
it has raised in price because it has become harder to get. it has raised in price because it has become harder to get.
What were two of the reasons for the spike in oil prices during the 2000s?
Two key reasons for the spike in oil prices during the 2000s were increased global demand, particularly from rapidly industrializing countries like China and India, which significantly raised consumption levels. Additionally, geopolitical tensions in oil-producing regions, such as the Middle East conflicts and concerns over Iran's nuclear program, contributed to supply fears and speculation, further driving up prices.
How did the organization of petroleum exporting countries OPEC oil embargo of 1973 most affect individuals in the us?
It raised gasoline prices.
Who believed tariffs raised the prices of manufactured goods?
John C Calhoun believed high tariffs raised the prices of manufactured goods
When prices are the consumer buys?
raised-less
When prices are consumers buy?
raised/less
Who believed high tariffs raised the prices of manufactured goods?
John C Calhoun believed high tariffs raised the prices of manufactured goods
Were you raised in a barn?
No, I was not raised in a barn. I am a computer program and do not have physical form or a childhood experience.
What usually happens to prices when there is a demand for a product?
The price is raised.
When OPEC raised the price on oil prices it created a?
cost push inflation
What is the major industry of the Midwest that depends on the cattle and pigs that are raised and fattened there?
Cattle are raised primarily in the Midwest and Great Plains in farms covering thousands of acres under conditions known as "feedlots". Hogs are raised under similar conditions, but because they are raised within buildings, there are hog operations across the country rather than concentrated in one general area.
What has happened to oil prices over the last 5 years?
it has raised in price because it has become harder to get. it has raised in price because it has become harder to get.
Who believed that high tariffs raised the prices of manufactured goods?
John C. Calhoun
What was the impact of the Chicken McNugget on the poultry industry?
it changed the way chicken is raised and processed
When demand exceeds supply are there any instances where prices wouldn't be raised?
When demand exceeds supply, prices will usually increase. However, prices may not increase if the sellers are non-profit organizations.
