All else equal, as the price of oil rises, potential profits from producing oil ________ which ________ oil companies to look for additional sources of oil.

Name: All else equal, as the price of oil rises, potential profits from producing oil ________ which ________ oil companies to look for additional sources of oil.
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Question

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As the price of oil rises, potential profits from producing oil increase, which encourages oil companies to look for additional sources of oil to capitalize on the higher prices.

All Else Equal, as the Price of Oil Rises, Potential