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In 1973 The OPEC nations cut off their supply of what to do the US?
Oil
If OPEC decided to cut oil production for the coming year what would be the MOST LIKELY effect?
If OPEC decided to cut oil production for the coming year, the most likely effect would be an increase in oil prices due to reduced supply in the market. This decrease in production could lead to higher costs for consumers and businesses that rely on oil, potentially contributing to inflationary pressures. Additionally, it might incentivize non-OPEC producers to increase their output to capitalize on the higher prices. Overall, such a decision would have significant implications for the global economy and energy markets.
How is diamond valued today?
Every diamond is valued by its clarity, colour, carat weight and cut.
Why is it not possible to conclude that OPEC total revenue would increase if it were to cut its production does the elasticity of non- supply have any influence on how the price of crude oil changes?
OPEC acts like a monopoly on crude oil. They can cut production and decrease the supply of oil, thus raising the price, but this does not necessarily increase revenue. As the price increases, the demand decreases. The percentage change in quantity demanded in response to a one percent change in price, while holding all other factors constant, is called price elasticity of demand. If the price elasticity of demand is high, then the demand will decrease significantly as the prices increase, and revenue may not increase.
What are major imports and exports for Columbia?
Trade: Exports (2010 est.)--$39 billion: petroleum, coffee, coal, nickel, emeralds, apparel, bananas, cut flowers. Major markets--U.S., E.U., China, Ecuador. Imports(2010 est.)--$41 billion: machinery/equipment, grains, chemicals, transportation equipment, mineral products, consumer products, paper products, oil and gas industry equipment, electricity.
Can you die from getting your ear cut off?
You can if you lose too much blood. But with the medical knowledge and technology we have today, it's very unlikely. Very VERY unlikely.
In 1973 The OPEC nations cut off their supply of what to do the US?
Oil
Why did OPEC cut off oil sales to the US in 1973?
Opec cut off oil sales to the U.S. in retaliation to the U.S. decision to re-supply the Israeli military" during the Yom Kippur war.
In April 1999 the organization of petroleum exporting countries OPEC?
cut crude oil production
Can you get AIDS if someone touches your cut?
It would be highly unlikely to catch HIV by someone touching your cut.
What is the top export of Israel?
Israel's top exports are cut diamonds and high-tech equipment.
Can a cut open again after stiches?
sometimes yes, but very unlikely
What are the major legal exports of Colombia?
Oil, Coffee, Coal, Nickel, Emerald, Bananas, And Cut Flowers
Should the taxes be cut or increased during the recovery or recession?
Cut or left alone-preferably cut, but since there is a deficit it is unlikely. If they cut spending & leave it alone there might be hope for us.
If OPEC decided to cut oil production for the coming year what would be the MOST LIKELY effect?
If OPEC decided to cut oil production for the coming year, the most likely effect would be an increase in oil prices due to reduced supply in the market. This decrease in production could lead to higher costs for consumers and businesses that rely on oil, potentially contributing to inflationary pressures. Additionally, it might incentivize non-OPEC producers to increase their output to capitalize on the higher prices. Overall, such a decision would have significant implications for the global economy and energy markets.
Can you plant cut sunflowers and expect them to grow?
Yes, you can plant cut sunflowers, but they are unlikely to grow as they need to be planted with their roots intact to survive and thrive.
What kind of cut can give you aids on the finger?
any kind of cut. once you have a small cut, big cut or watever and some1 else has a cut and tht person's blood catches ur cut, then u will automatically get aids unless ur lucky which is very unlikely.
