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nikklg [1K]
2 years ago
9

The Organization of Petroleum Exporting Countries (OPEC) controls much of the world's production of oil. If its members decide t

o lower their daily oil production, the price per barrel can rise. This can result not only in increased gasoline prices, but a general increase in prices over much of the economy because of the increased cost of transportation and production. This inflationary end result is predicted by the economic theory of __________...
History
2 answers:
Luda [366]2 years ago
7 0
This <span>inflationary end result is predicted by the economic theory of supply and demand, which dictates that if supply of oil is cut, then the price will rise to levels outside market value. </span>
Annette [7]2 years ago
3 0

Answer:This inflationary end result is predicted by the economic theory of supply and demand, which dictates that if supply of oil is cut, then the price will rise to levels outside market value.

Explanation:

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tester [92]

Answer:

meridians of longitude

Explanation:

Meridians of longitude are imaginary half-circles running from the North Pole to the South Pole. They are sometimes called lines of longitude.  Unlike parallels of latitude that are different sizes, all lines of longitude are the same length. Since every meridian must cross the equator, and since the equator is a circle, the equatorial circle can be divided into 360°. These divisions of the equatorial circle are used to label the meridians.

4 0
3 years ago
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Slavery provided virtually free labor in the south, but for what?
inessss [21]

Slavery provided virtually free labor in the south, but for "agricultural products such as cotton, tobacco, and sugar cane".

<u>Explanation:</u>

The method of cultivation (agriculture) grew in South America when British colonist colonized in Virginia. They separated the territory with wide area to best utilise for farming. This was the reason that their prosperity depended on production of crops, created the slavery due to requirement of agricultural workers. Such plantations yielded significant colony-traded crops, like cotton and tobacco.

The plantation was like one small family-owned town. But the inadequate nutrition, unhealthy living environments and forced labour made slaves more vulnerable than their landlords; disease-related death rates among the slaves were dramatically higher.

3 0
2 years ago
What Chinese leader believed in legalism and what did this philosophy teach
GenaCL600 [577]
<span>Qin Shi Huangdi might I presume



</span>
3 0
2 years ago
A swedish colony which was captured by the dutch and later the english
oee [108]
I'm guessing that you're asking "What Swedish colony was captured by the Dutch and later the English." In that case, the answer is New York.
7 0
3 years ago
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Which of the following is NOT considered a basic responsibility of citizens? A) voting in elections B) paying federal, state, an
Neporo4naja [7]

Answer:

d severing in the military

Explanation:

6 0
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