subject
Business, 15.02.2021 18:40 leinee

In 1973 and​ 1974, the Organization of the Petroleum Exporting Countries​ (OPEC) imposed an embargo on shipments of crude oil to the United States. What followed was a drastic reduction in the quantity of gasoline available at local gas pumps. Congress imposed a price ceiling​, or maximum​ price, of​ $0.57 per gallon of leaded regular gasoline. That price ceiling was intended to keep gasoline​ "affordable." ​1.) Using the line drawing​ tool, depict the effect of the crude oil embargo such that the​ free-market price would rise to​ $1.50 per gallon.​ (Draw any shift in a line parallel to the original​ line.) Properly label this line. ​2.) Using the point drawing​ tool, illustrate the quantity supplied at the price ceiling of​ $0.57 per gallon.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion,gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job
Answers: 1
question
Business, 21.06.2019 23:30
You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?
Answers: 2
question
Business, 22.06.2019 05:30
Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?
Answers: 2
question
Business, 22.06.2019 07:30
1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
You know the right answer?
In 1973 and​ 1974, the Organization of the Petroleum Exporting Countries​ (OPEC) imposed an embargo...
Questions
question
Computers and Technology, 07.07.2019 15:30
question
Mathematics, 07.07.2019 15:30
Questions on the website: 13722362