Use the following to answer questions:
Figure: Oil
-(Figure: Oil) To produce 30 million barrels of oil per day, the minimum price per unit that producers in the diagram require is:
A) $20.
B) $40.
C) $60.
D) $80.

Question

Use the following to answer questions:
Figure: Oil 
-(Figure: Oil) To produce 30 million barrels of oil per day, the minimum price per unit that producers in the diagram require is:
A) $20. 
B) $40. 
C) $60. 
D) $80.

Quizplus · Accepted Answer

According to the diagram, to produce 30 million barrels of oil per day, the producers require at least $60 per unit.

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