1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adell [148]
3 years ago
6

Suppose that the economy is in long-run equilibrium. If oil prices rise significantly and firms become more pessimistic about fu

ture business conditions, then in the short run, we would expect that:
Social Studies
1 answer:
anygoal [31]3 years ago
6 0

Answer:

In the short term, we can expect an economic imbalance, with a decrease in the oil supply.

Explanation:

In relation to oil, a balanced economy means that the amount of demand for oil is equal to the amount of oil supply. In this case, the price of the oil becomes stabilized and fair in relation to demand and supply. However, if the demand for oil starts to increase disproportionately in relation to the oil supply, it will cause a disproportionate increase in oil prices. In the short term, this generates an economic imbalance and causes the supply of oil to be reduced, in order to avoid the scarcity of the product. The disproportionate increase in price causes consumers to lose interest in the oil, causing the demand for the product to fall.

Demand is consumer demand and supply is the amount of product that a company can provide.

You might be interested in
Which of these is an effect of overcrowding in an environment?
aivan3 [116]
B hopefully this helps ☺
3 0
3 years ago
Read 2 more answers
fear of punishment reduces hostile aggression in adolescent. Do you agree or disagree with this stance? Support your answer with
zzz [600]

Answer:I disagree

Explanation:Children or teenagers at the adolescent age are openly willing to test boundaries and they will rebel against any form of punishment .

It doesn't create any fear to them what punishment you want to apply on them most of the time it is better to sit and talk or find disciplinary measures that will be constant during this stage but trying to inflitrate any fear upon them usual never works.

4 0
3 years ago
Which of the following statements about the Republican Party is FALSE?
anygoal [31]

Answer:

yes

Explanation:

6 0
3 years ago
Write a brief answer for each of the following.<br> List the Allied and Axis Powers.
MakcuM [25]

Answer:

But which countries actually fought in the war? In fact, many nations were touched by the conflict, but the main combatants can be grouped into two opposing factions-- Germany, Japan, and Italy where the Axis powers. France, Great Britain, the United States, and the Soviet Union were the Allied powers.

Explanation:

This was for WW2

8 0
3 years ago
Read 2 more answers
Name the six states that had African American population of more than 1.5 million in 1990.
OverLord2011 [107]

Ohio, Texas, California, North Carolina, Georgia and New York!
3 0
3 years ago
Other questions:
  • Which pretrial motion should Martha file in the given scenario?
    9·2 answers
  • Can you tell me a family that have similar like Anne Frank during the Holocaust?
    8·2 answers
  • During which stage of prenatal development does the heart begin to beat
    10·1 answer
  • What are three different types of memory? I can only think of two right now and they are short and long term memory I dont know
    9·2 answers
  • Who was the subject of a great work of Sumerian literature?
    9·1 answer
  • Describe at least three specific individual differences that may give you an advantage in the workplace. (1-3 sentences. 1.5 poi
    5·1 answer
  • Which statement is NOT true?
    14·2 answers
  • The function, or job, of the executive branch is to __________________ and _________________ the policies passed by Congress.
    8·1 answer
  • _____ is a feeling that someone or something is important and should be treated in an appropriate way. (1 point)
    5·2 answers
  • using multiple example,illustrate how the global environment may affect local development initiatives (pdf).​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!