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Nostrana [21]
4 years ago
15

The purpose of OPEC, the Organization of Petroleum Exporting Countries, is to? A.stabilize the price of oil and ensure a regular

supply of oil to other countries B.manage the oil production and pricing in the Middle East only C.regulate the regulations of oil production in the Middle East
D.stabilize the agriculture industry around the world
History
1 answer:
alexira [117]4 years ago
6 0
The correct answer would be D. Stabilize the arriculture industry around the world
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the decrease in the price of hotdogs results in a decrease in the demand for hamburgers. these two products are
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Answer:

substitute goods

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Substitute goods are goods consumers found as alternative to each other, while still serving the same purpose of consumption or usage. Consequently, when the price of a substitute product decreases, this will result to increase in quantity demanded for such good, however, the effect is the decrease in demand for the alternate good that it is being used as a substitute.

Hence, when the decrease in the price of hotdogs results in a decrease in the demand for hamburgers. these two products are concluded to be SUBSTITUE GOODS.

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