Question

If the price of oil increases, producers of oil will most likely _____.

A. increase the supply of oil
B. decrease the supply of oil
C. increase the quantity supplied of oil
D. decrease the quantity supplied of oil

Answer 1

I don't know the for sure answer in this one, but I think it's either B or D

Answer 2

i think its b

Answer 3

@OFWGKTA814 I think so too

Answer 4

yeah I wasn't sure which one, B sounds about right though. good job!

Answer 5

thx

Answer 6

@BrittanyFrench Yea these economics questions can be a little tricky. Thank you for the help.

Answer 7

u welcom

Answer 8

@melicb123 :) yes they sure can! And you're welcome..

Answer 9

anything to help