Suppose that the cost of refining oil increases from $15 to $25 for each barrel of heating oil produced. assuming that the rest

Question

2 years ago

7

Suppose that the cost of refining oil increases from $15 to $25 for each barrel of heating oil produced. assuming that the rest

of the determinants of supply and demand for heating oil remain equal to their initial values, the market will eventually reach a new equilibrium price of

Business

1 answer:

gavmur [86] · Answer 1 · 2022-09-13T05:37:08+03:00

gavmur [86]2 years ago

5 0

The price is 40 dollars because you have to plus it