The main reason why OPEC imposed an oil embargo on the US is because the US <span>supported Israel in its “Yom Kippur War” with Egypt, and OPEC was made up of states that were against Israel, who was fighting the war against Egypt. </span>
Answer:
A. Demand for a product goes up as the price goes down
Explanation:
Definition: The law of demand is one of the most fundamental concepts in economics. ... The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.
Suberbanization would most deffinitly be the correct answer
Since the Companies had more surplus amount of items from the increased level of productivity, they sold the items for a lower price to lure more people to buy it/more.
