Which of the following will tend to make oil extraction more economical?
A) rising oil prices
B) additional oil exploration
C) conservation measures
D) development of oil substitutes
Correct Answer:
Verified
Q13: All else equal, when oil prices increase,
Q14: All else equal, when oil prices decrease,
Q15: All else equal, when oil prices increase,
Q16: All else equal, when oil prices decrease,
Q17: All of the following will tend to
Q19: Which of the following will tend to
Q20: In 1973, mainstream sources predicted that the
Q21: Oil price increases encourage oil conservation.
Q22: All else equal, oil price increases decrease
Q23: As oil prices increase, it becomes more
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